Petrofac Limited (LON:PFC – Get Free Report) dropped 6.6% during mid-day trading on Monday . The stock traded as low as GBX 12.70 ($0.17) and last traded at GBX 12.70 ($0.17). Approximately 3,964,380 shares changed hands during trading, a decline of 38% from the average daily volume of 6,356,682 shares. The stock had previously closed at GBX 13.60 ($0.18).
Petrofac Price Performance
The company has a quick ratio of 1.31, a current ratio of 0.68 and a debt-to-equity ratio of 900.89. The stock has a fifty day moving average of GBX 15.55 and a two-hundred day moving average of GBX 16.10. The stock has a market cap of £62.13 million, a price-to-earnings ratio of -14.18, a price-to-earnings-growth ratio of -6.27 and a beta of 0.97.
Insider Activity at Petrofac
In other Petrofac news, insider Afonso Reis e Sousa sold 27,811 shares of the stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of GBX 14 ($0.18), for a total transaction of £3,893.54 ($5,095.59). 16.47% of the stock is currently owned by company insiders.
Petrofac Company Profile
Petrofac Limited designs, builds, manages, and maintains infrastructure for the energy industries in the United Kingdom, Algeria, Thailand, Oman, Kuwait, Iraq, the United Arab Emirates, the Netherlands, and internationally. It operates through three segments: Engineering & Construction (E&C); Asset Solutions; and Integrated Energy Services (IES).
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