Predator Oil & Gas (LON:PRD) Trading Down 15.2% – Here’s Why

Predator Oil & Gas Holdings Plc (LON:PRDGet Free Report)’s share price fell 15.2% during mid-day trading on Monday . The company traded as low as GBX 6.55 ($0.09) and last traded at GBX 7 ($0.09). 652,139 shares traded hands during trading, a decline of 67% from the average session volume of 1,976,889 shares. The stock had previously closed at GBX 8.25 ($0.11).

Predator Oil & Gas Stock Performance

The stock’s fifty day simple moving average is GBX 9.31 and its 200-day simple moving average is GBX 9.60. The company has a current ratio of 1.66, a quick ratio of 6.22 and a debt-to-equity ratio of 16.06. The company has a market capitalization of £35.17 million, a price-to-earnings ratio of -700.00 and a beta of 2.02.

About Predator Oil & Gas

(Get Free Report)

Predator Oil & Gas Holdings Plc, together with its subsidiaries, engages in the exploration, appraisal, and development of oil and gas assets in Africa, Europe, and the Caribbean. It owns a diversified portfolio of oil and gas interests comprising CO2 enhanced Oil Recovery project in Trinidad; 2 gas exploration and appraisal project in offshore Ireland; and gas exploration project in onshore Morocco.

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