Premier Oil plc (OTCMKTS:PMOIY – Get Free Report) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $2.91 and traded as low as $2.73. Premier Oil shares last traded at $2.73, with a volume of 101 shares.
Premier Oil Price Performance
The firm has a market cap of $2.19 billion, a PE ratio of 13.94 and a beta of 2.77. The business has a 50-day moving average price of $2.89 and a two-hundred day moving average price of $3.19.
Premier Oil Company Profile
Premier Oil plc, an oil and gas company, engages in the exploration, production, and development of oil and gas properties in the Falkland Islands, Indonesia, Vietnam, the United Kingdom, and internationally. As of December 31, 2019, its proved and probable reserves (2P) were 175 million barrels of oil equivalent (mmboe); and 2P and estimated contingent resources were 847 mmboe.
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