Pennpetro Energy Plc (LON:PPP – Get Free Report) shares rose 2.5% on Tuesday . The company traded as high as GBX 9.55 ($0.12) and last traded at GBX 9.55 ($0.12). Approximately 4,679,735 shares were traded during mid-day trading, a decline of 3% from the average daily volume of 4,838,305 shares. The stock had previously closed at GBX 9.32 ($0.12).
Pennpetro Energy Price Performance
The company has a debt-to-equity ratio of 699.01, a current ratio of 0.46 and a quick ratio of 0.27. The stock has a market cap of £9.58 million, a price-to-earnings ratio of -955.00 and a beta of 2.08. The business’s 50-day simple moving average is GBX 8.82 and its two-hundred day simple moving average is GBX 3.49.
Pennpetro Energy Company Profile
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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