Pennpetro Energy Plc (LON:PPP – Get Free Report)’s share price traded down 4% during mid-day trading on Tuesday . The company traded as low as GBX 0.72 ($0.01) and last traded at GBX 0.72 ($0.01). 268,610 shares were traded during mid-day trading, a decline of 32% from the average session volume of 393,603 shares. The stock had previously closed at GBX 0.75 ($0.01).
Pennpetro Energy Stock Performance
The stock’s 50-day moving average price is GBX 1.04 and its 200-day moving average price is GBX 1.70. The company has a market capitalization of £722,160.00, a price-to-earnings ratio of -72.00 and a beta of -0.13. The company has a debt-to-equity ratio of 699.01, a quick ratio of 0.27 and a current ratio of 0.46.
About Pennpetro Energy
Pennpetro Energy Plc engages in onshore oil and gas exploration and production in the United States. Its principal property is the undeveloped central portion of the Gonzales oil field that consists of leasehold petroleum mineral interests with approximately 1,000 leases covering an area of 2,500 acres located in the City of Gonzales, Texas.
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