Petrel Resources Plc (LON:PET – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1.18 ($0.02) and traded as low as GBX 0.67 ($0.01). Petrel Resources shares last traded at GBX 0.73 ($0.01), with a volume of 46,582 shares traded.
Petrel Resources Stock Performance
The stock has a market cap of £1.29 million, a price-to-earnings ratio of -7.17 and a beta of 0.57. The stock’s 50-day simple moving average is GBX 0.82 and its two-hundred day simple moving average is GBX 1.18.
About Petrel Resources
Petrel Resources Plc, together with its subsidiaries, operates as an oil and gas exploration company. The company holds a 100% interest in the Frontier exploration license 3/14 located in Ireland. It also holds a 30% working interest in the Tano 2A Block covering an area of 1,532 square kilometers in Ghana; and holds interest in the Western Desert Block 6 located in Iraq.
Featured Stories
- Five stocks we like better than Petrel Resources
- How Investors Can Find the Best Cheap Dividend Stocks
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- What Are Growth Stocks and Investing in Them
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- 3 Healthcare Dividend Stocks to Buy
- Tesla Stock: Buy the Dips, Sell the Rips
Receive News & Ratings for Petrel Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Petrel Resources and related companies with MarketBeat.com's FREE daily email newsletter.
