Shares of Premier Oil plc (OTCMKTS:PMOIY – Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as $3.50 and last traded at $3.50, with a volume of 1385 shares trading hands. The stock had previously closed at $3.48.
Premier Oil Price Performance
The stock has a market capitalization of $3.29 billion, a P/E ratio of 20.90 and a beta of 2.77. The stock’s fifty day moving average is $3.75 and its two-hundred day moving average is $3.73.
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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