Predator Oil & Gas (LON:PRD) Shares Up 12.9% – Here’s Why

Predator Oil & Gas Holdings Plc (LON:PRDGet Free Report) shares shot up 12.9% during mid-day trading on Thursday . The company traded as high as GBX 3.10 ($0.04) and last traded at GBX 3.06 ($0.04). 17,796,018 shares traded hands during mid-day trading, an increase of 259% from the average session volume of 4,960,349 shares. The stock had previously closed at GBX 2.71 ($0.04).

Predator Oil & Gas Stock Up 12.9 %

The stock has a market capitalization of £20.51 million, a price-to-earnings ratio of -3.62 and a beta of 2.02. The company’s 50-day moving average is GBX 5.02 and its 200-day moving average is GBX 6.60.

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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