Premier Oil plc (LON:PMO – Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 22.40 ($0.29) and traded as high as GBX 24 ($0.31). Premier Oil shares last traded at GBX 22.40 ($0.29), with a volume of 40,864,785 shares changing hands.
Premier Oil Stock Performance
The business’s 50-day simple moving average is GBX 22.40 and its two-hundred day simple moving average is GBX 22.40. The company has a quick ratio of 0.13, a current ratio of 0.14 and a debt-to-equity ratio of 571.58. The firm has a market cap of £207.32 million and a price-to-earnings ratio of -0.15.
About Premier Oil
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.
Further Reading
- Five stocks we like better than Premier Oil
- Investing in Commodities: What Are They? How to Invest in Them
- Texas Roadhouse Stock Steering for New Highs This Year
- What is Put Option Volume?
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- Investing In Automotive Stocks
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
Receive News & Ratings for Premier Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Premier Oil and related companies with MarketBeat.com's FREE daily email newsletter.
