Premier Oil plc (LON:PMO – Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 22.40 ($0.28) and traded as high as GBX 24 ($0.30). Premier Oil shares last traded at GBX 22.40 ($0.28), with a volume of 40,864,785 shares trading hands.
Premier Oil Price Performance
The company has a market capitalization of £207.32 million and a price-to-earnings ratio of -0.15. The business has a fifty day moving average price of GBX 22.40 and a 200 day moving average price of GBX 22.40. The company has a debt-to-equity ratio of 571.58, a current ratio of 0.14 and a quick ratio of 0.13.
About Premier Oil
Premier Oil plc, an oil and gas company, engages in the exploration, production, and development of oil and gas properties in the Falkland Islands, Indonesia, Vietnam, the United Kingdom, and internationally. As of December 31, 2019, its proved and probable reserves (2P) were 175 million barrels of oil equivalent (mmboe); and 2P and estimated contingent resources were 847 mmboe.
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