Predator Oil & Gas (LON:PRD) Shares Up 11.5% – Here’s What Happened

Shares of Predator Oil & Gas Holdings Plc (LON:PRDGet Free Report) shot up 11.5% on Thursday . The stock traded as high as GBX 3.40 ($0.04) and last traded at GBX 3.40 ($0.04). 532,148 shares changed hands during trading, a decline of 91% from the average session volume of 5,791,511 shares. The stock had previously closed at GBX 3.05 ($0.04).

Predator Oil & Gas Price Performance

The stock has a fifty day simple moving average of GBX 4.25 and a 200-day simple moving average of GBX 6.13. The company has a market capitalization of £20.81 million, a price-to-earnings ratio of -3.67 and a beta of 2.02.

Predator Oil & Gas Company Profile

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Predator Oil & Gas Holdings Plc, together with its subsidiaries, engages in the exploration, appraisal, and development of oil and gas assets in Africa, Europe, and the Caribbean. It owns a diversified portfolio of oil and gas interests comprising CO2 enhanced Oil Recovery project in Trinidad; 2 gas exploration and appraisal project in offshore Ireland; and gas exploration project in onshore Morocco.

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