PetroTal (LON:PTAL) Sets New 52-Week Low – Here’s Why

PetroTal Corp. (LON:PTAL – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 19 and last traded at GBX 19.80, with a volume of 183171 shares trading hands. The stock had previously closed at GBX 20.

Analyst Ratings Changes

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

Read Our Latest Report on PTAL

PetroTal Stock Performance

The company has a debt-to-equity ratio of 5.12, a quick ratio of 1.83 and a current ratio of 2.10. The company’s 50-day moving average price is GBX 27.98 and its two-hundred day moving average price is GBX 33.21. The stock has a market cap of £180.78 million, a PE ratio of 2.48 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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