Pennpetro Energy (LON:PPP) Trading 2.5% Higher – Here’s What Happened

Pennpetro Energy Plc (LON:PPPGet Free Report) traded up 2.5% during trading on Thursday . The stock traded as high as GBX 9.55 ($0.12) and last traded at GBX 9.55 ($0.12). 4,679,735 shares changed hands during mid-day trading, a decline of 3% from the average session volume of 4,838,305 shares. The stock had previously closed at GBX 9.32 ($0.12).

Pennpetro Energy Stock Performance

The stock has a market capitalization of £9.58 million, a P/E ratio of -955.00 and a beta of 2.08. The company’s 50-day moving average is GBX 9.55 and its two-hundred day moving average is GBX 4.72. The company has a current ratio of 0.46, a quick ratio of 0.27 and a debt-to-equity ratio of 699.01.

Pennpetro Energy Company Profile

(Get Free Report)

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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