Pennpetro Energy (LON:PPP) Trading 2.5% Higher – Should You Buy?

Shares of Pennpetro Energy Plc (LON:PPPGet Free Report) traded up 2.5% on Friday . The stock traded as high as GBX 9.55 ($0.12) and last traded at GBX 9.55 ($0.12). 4,679,735 shares traded hands during trading, a decline of 3% from the average session volume of 4,838,305 shares. The stock had previously closed at GBX 9.32 ($0.12).

Pennpetro Energy Price Performance

The firm has a 50 day moving average price of GBX 9.55 and a two-hundred day moving average price of GBX 5.54. The company has a market cap of £9.58 million, a P/E ratio of -955.00 and a beta of 2.08. The company has a debt-to-equity ratio of 699.01, a quick ratio of 0.27 and a current ratio of 0.46.

Pennpetro Energy Company Profile

(Get Free Report)

Pennpetro Energy Plc engages in onshore oil and gas exploration and production in the United States. Its principal property is the undeveloped central portion of the Gonzales oil field that consists of leasehold petroleum mineral interests with approximately 1,000 leases covering an area of 2,500 acres located in the City of Gonzales, Texas.

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