PetroTal (LON:PTAL) Trading Down 1.1% – Here’s What Happened

PetroTal Corp. (LON:PTAL)’s stock price traded down 1.1% during mid-day trading on Friday . The company traded as low as GBX 38.56 ($0.49) and last traded at GBX 38.56 ($0.49). 354,364 shares traded hands during trading, a decline of 62% from the average session volume of 923,715 shares. The stock had previously closed at GBX 39 ($0.49).

PetroTal Stock Down 1.1 %

The company has a debt-to-equity ratio of 5.12, a quick ratio of 1.83 and a current ratio of 2.10. The company has a market cap of £441.33 million, a price-to-earnings ratio of 4.18 and a beta of 1.90. The business’s 50 day simple moving average is GBX 36.32 and its 200-day simple moving average is GBX 36.88.

About PetroTal

PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and OTCQX: PTALF) oil and gas development and production Company domiciled in Calgary, Alberta, focused on the development of oil assets in Peru.

PetroTal’s flagship asset is its 100% working interest in Bretana oil field in Peru’s Block 95 where oil production was initiated in June 2018.