Pennpetro Energy (LON:PPP) Hits New 52-Week High at $7.00

Pennpetro Energy Plc (LON:PPPGet Free Report)’s share price reached a new 52-week high on Thursday . The stock traded as high as GBX 7 ($0.09) and last traded at GBX 5.61 ($0.07), with a volume of 86554391 shares traded. The stock had previously closed at GBX 3.98 ($0.05).

Pennpetro Energy Price Performance

The stock’s 50-day simple moving average is GBX 1.03 and its 200-day simple moving average is GBX 1.42. The company has a current ratio of 0.46, a quick ratio of 0.27 and a debt-to-equity ratio of 699.01. The firm has a market capitalization of £8.60 million, a P/E ratio of -821.00 and a beta of -0.19.

Pennpetro Energy Company Profile

(Get Free Report)

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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