PetroTal (LON:PTAL) Shares Down 0.7% – Time to Sell?

PetroTal Corp. (LON:PTAL)’s stock price fell 0.7% during trading on Tuesday . The stock traded as low as GBX 35.80 ($0.46) and last traded at GBX 36.50 ($0.47). 198,963 shares changed hands during trading, a decline of 65% from the average session volume of 573,019 shares. The stock had previously closed at GBX 36.75 ($0.47).

PetroTal Trading Down 1.4 %

The company has a market capitalization of £329.11 million, a PE ratio of 330.55 and a beta of 1.90. The company has a 50 day simple moving average of GBX 36.86 and a 200 day simple moving average of GBX 40.75. The company has a debt-to-equity ratio of 5.22, a quick ratio of 1.83 and a current ratio of 2.55.

PetroTal Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, December 13th. Investors of record on Thursday, November 28th will be paid a $0.02 dividend. This represents a yield of 3.22%. The ex-dividend date of this dividend is Thursday, November 28th. PetroTal’s dividend payout ratio is currently 4,545.45%.

PetroTal Company Profile

PetroTal Corp. engages in the development and exploration of oil and natural gas in Peru, South America. Its flagship property is the Bretana oil field located in the Maranon Basin of northern Peru. The company was formerly known as Sterling Resources Ltd. and changed its name to PetroTal Corp. in June 2018.