PetroTal (LON:PTAL) Hits New 1-Year Low – What’s Next?

PetroTal Corp. (LON:PTALGet Free Report)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 29.17 ($0.37) and last traded at GBX 30 ($0.38), with a volume of 710907 shares trading hands. The stock had previously closed at GBX 31.50 ($0.40).

PetroTal Stock Down 4.8 %

The stock has a market capitalization of £343.34 million, a price-to-earnings ratio of 3.25 and a beta of 1.90. The company has a quick ratio of 1.83, a current ratio of 2.10 and a debt-to-equity ratio of 5.12. The stock has a 50 day moving average price of GBX 36.97 and a 200 day moving average price of GBX 36.24.

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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