Petrofac (LON:PFC) Shares Up 20.4% – Still a Buy?

Petrofac Limited (LON:PFCGet Free Report)’s stock price traded up 20.4% during trading on Friday . The company traded as high as GBX 6 ($0.08) and last traded at GBX 5.80 ($0.08). 4,749,204 shares traded hands during trading, an increase of 110% from the average session volume of 2,264,945 shares. The stock had previously closed at GBX 4.82 ($0.06).

Petrofac Trading Up 16.2 %

The company has a current ratio of 0.68, a quick ratio of 1.31 and a debt-to-equity ratio of -148.69. The stock has a market cap of £37.87 million, a P/E ratio of -0.07, a price-to-earnings-growth ratio of -6.27 and a beta of 0.97. The business’s fifty day simple moving average is GBX 7.06 and its 200 day simple moving average is GBX 10.26.

Petrofac Company Profile

(Get Free Report)

Petrofac Limited designs, builds, manages, maintains, and decommissions infrastructure for the energy industries in the United Kingdom, Algeria, Lithuania, Malaysia, the United States, Thailand, Oman, Australia, Bahrain, Kuwait, Iraq, Libya, India, the United Arab Emirates, the Netherlands, Ivory Coast, and internationally.

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