Petrofac (LON:PFC) Shares Down 12.4% – Here’s Why

Petrofac Limited (LON:PFCGet Free Report) fell 12.4% on Friday . The company traded as low as GBX 4.77 ($0.06) and last traded at GBX 4.99 ($0.06). 2,706,124 shares traded hands during mid-day trading, an increase of 20% from the average session volume of 2,251,361 shares. The stock had previously closed at GBX 5.70 ($0.07).

Petrofac Price Performance

The company has a debt-to-equity ratio of -148.69, a current ratio of 0.68 and a quick ratio of 1.31. The firm has a market capitalization of £36.79 million, a PE ratio of -0.07, a P/E/G ratio of -6.27 and a beta of 0.97. The company has a 50-day moving average price of GBX 6.81 and a 200-day moving average price of GBX 9.88.

About Petrofac

(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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