Petrofac (LON:PFC) Stock Price Down 8.2% – Here’s What Happened

Petrofac Limited (LON:PFCGet Free Report) was down 8.2% on Thursday . The company traded as low as GBX 4.96 ($0.06) and last traded at GBX 5.10 ($0.07). Approximately 2,060,438 shares changed hands during trading, a decline of 8% from the average daily volume of 2,237,988 shares. The stock had previously closed at GBX 5.55 ($0.07).

Petrofac Trading Up 16.2 %

The company has a market capitalization of £37.87 million, a PE ratio of -0.07, a PEG ratio of -6.27 and a beta of 0.97. The company has a fifty day simple moving average of GBX 7.06 and a 200-day simple moving average of GBX 10.30. The company has a current ratio of 0.68, a quick ratio of 1.31 and a debt-to-equity ratio of -148.69.

About Petrofac

(Get Free Report)

Petrofac Limited designs, builds, manages, maintains, and decommissions infrastructure for the energy industries in the United Kingdom, Algeria, Lithuania, Malaysia, the United States, Thailand, Oman, Australia, Bahrain, Kuwait, Iraq, Libya, India, the United Arab Emirates, the Netherlands, Ivory Coast, and internationally.

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