PetroTal (LON:PTAL) Reaches New 1-Year Low – Here’s What Happened

by · The Cerbat Gem

PetroTal Corp. (LON:PTAL – Get Free Report) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 19.50 and last traded at GBX 20.10, with a volume of 1566314 shares. The stock had previously closed at GBX 20.25.

Wall Street Analysts Forecast Growth

Separately, Peel Hunt reaffirmed an “under review” rating on shares of PetroTal in a research report on Thursday, November 13th.

Get Our Latest Research Report on PTAL

PetroTal Trading Down 0.7%

The stock’s fifty day simple moving average is GBX 28.97 and its 200-day simple moving average is GBX 33.53. The company has a debt-to-equity ratio of 5.12, a current ratio of 2.10 and a quick ratio of 1.83. The firm has a market cap of £183.52 million, a PE ratio of 2.51 and a beta of 1.90.

About PetroTal

(Get Free Report)

PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and OTCQX: PTALF) oil and gas development and production Company domiciled in Calgary, Alberta, focused on the development of oil assets in Peru.

PetroTal’s flagship asset is its 100% working interest in Bretana oil field in Peru’s Block 95 where oil production was initiated in June 2018.

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