Shares of TransGlobe Energy Co. (TSE:TGL – Get Free Report) (NYSE:TGA) were down 0.4% during trading on Monday . The stock traded as low as C$4.91 and last traded at C$5.06. Approximately 384,762 shares were traded during mid-day trading, an increase of 257% from the average daily volume of 107,897 shares. The stock had previously closed at C$5.08.
TransGlobe Energy Trading Down 0.4 %
The company’s fifty day simple moving average is C$5.06. The firm has a market capitalization of C$370.90 million, a price-to-earnings ratio of 2.18, a PEG ratio of 1.46 and a beta of 2.60. The company has a quick ratio of 2.17, a current ratio of 2.26 and a debt-to-equity ratio of 2.14.
About TransGlobe Energy
TransGlobe Energy Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and production of crude oil and natural gas in Egypt and Canada. The company holds interests in four production sharing concessions, which include West Gharib, West Bakr, NW Gharib, and South Ghazalat, Egypt; and owns production and working interests in facilities in the Cardium light oil and Mannville liquid-rich gas assets in the Harmattan area of west central Alberta, Canada.
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