Predator Oil & Gas (LON:PRD) Shares Down 4.3% – Here’s What Happened

Predator Oil & Gas Holdings Plc (LON:PRD) was down 4.3% during trading on Wednesday . The stock traded as low as GBX 6.75 ($0.08) and last traded at GBX 6.75 ($0.08). Approximately 441,848 shares traded hands during trading, a decline of 58% from the average daily volume of 1,050,656 shares. The stock had previously closed at GBX 7.05 ($0.09).

Predator Oil & Gas Stock Performance

The company has a debt-to-equity ratio of 16.06, a quick ratio of 6.22 and a current ratio of 1.66. The stock has a market cap of £38.60 million, a price-to-earnings ratio of -675.00 and a beta of 2.02. The firm’s 50-day moving average price is GBX 6.08 and its two-hundred day moving average price is GBX 8.34.

Predator Oil & Gas Company Profile

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.