Pennpetro Energy Plc (LON:PPP – Get Free Report)’s stock price shot up 2.5% during trading on Thursday . The company traded as high as GBX 9.55 ($0.12) and last traded at GBX 9.55 ($0.12). 4,679,735 shares changed hands during mid-day trading, a decline of 3% from the average session volume of 4,838,305 shares. The stock had previously closed at GBX 9.32 ($0.12).
Pennpetro Energy Stock Up 2.5 %
The company has a quick ratio of 0.27, a current ratio of 0.46 and a debt-to-equity ratio of 699.01. The stock has a market capitalization of £9.58 million, a PE ratio of -955.00 and a beta of 2.08. The firm’s fifty day moving average is GBX 9.55 and its 200-day moving average is GBX 4.72.
Pennpetro Energy Company Profile
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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