Petra Diamonds (LON:PDL) Hits New 12-Month Low - Should You Sell?

Petra Diamonds Limited (LON:PDL - Get Free Report)'s stock price hit a new 52-week low on Friday . The stock traded as low as GBX 24.50 ($0.31) and last traded at GBX 28.10 ($0.35), with a volume of 1502000 shares trading hands. The stock had previously closed at GBX 29 ($0.36).

Petra Diamonds Trading Down 3.1 %

The firm has a market cap of £54.57 million, a PE ratio of -85.15, a P/E/G ratio of 0.17 and a beta of 1.45. The company's fifty day moving average price is GBX 33.41 and its two-hundred day moving average price is GBX 33.28. The company has a quick ratio of 3.52, a current ratio of 1.32 and a debt-to-equity ratio of 140.09.

Insider Buying and Selling at Petra Diamonds

In other Petra Diamonds news, insider José Manuel Vargas acquired 4,200,000 shares of the business's stock in a transaction on Friday, September 27th. The stock was purchased at an average price of GBX 27 ($0.34) per share, for a total transaction of £1,134,000 ($1,425,160.24). 48.56% of the stock is owned by corporate insiders.

About Petra Diamonds

Petra Diamonds Limited engages in the mining, processing, sorting, and sale of rough diamonds in South Africa and Tanzania. It operates through Mining and Beneficiation segments. The company's flagship asset is the Cullinan Mine in South Africa. It also provides exploration, treasury, beneficiation, community development, and other services.