Petra Diamonds (LON:PDL) Sets New 1-Year Low at $26.10

Shares of Petra Diamonds Limited (LON:PDL - Get Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 26.10 ($0.34) and last traded at GBX 27 ($0.35), with a volume of 250831 shares. The stock had previously closed at GBX 27.60 ($0.36).

Petra Diamonds Price Performance

The company has a 50 day simple moving average of GBX 34.26 and a 200-day simple moving average of GBX 39.38. The stock has a market cap of £52.43 million, a price-to-earnings ratio of -71.05, a P/E/G ratio of 0.17 and a beta of 1.49. The company has a current ratio of 1.85, a quick ratio of 3.52 and a debt-to-equity ratio of 103.61.

Insider Buying and Selling at Petra Diamonds

In related news, insider Richard Duffy purchased 80,879 shares of Petra Diamonds stock in a transaction that occurred on Wednesday, August 7th. The stock was purchased at an average cost of GBX 30 ($0.39) per share, with a total value of £24,263.70 ($31,527.68). Company insiders own 40.41% of the company's stock.

About Petra Diamonds

Petra Diamonds Limited, an investment holding company, engages in the mining, processing, sorting, and sale of rough diamonds in South Africa and Tanzania. It also provides treasury, beneficiation, and other services. Petra Diamonds Limited was incorporated in 1997 and is based in London, the United Kingdom.