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Petra Diamonds (LON:PDL) Stock Price Passes Below 200 Day Moving Average - What's Next?

Petra Diamonds logo with Basic Materials background

Shares of Petra Diamonds Limited (LON:PDL - Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 32.41 ($0.40) and traded as low as GBX 31.10 ($0.39). Petra Diamonds shares last traded at GBX 31.60 ($0.39), with a volume of 6,736 shares trading hands.

Petra Diamonds Price Performance

The firm has a 50 day moving average price of GBX 32.03 and a 200 day moving average price of GBX 32.35. The stock has a market capitalization of £61.37 million, a PE ratio of -95.76, a price-to-earnings-growth ratio of 0.17 and a beta of 1.45. The company has a current ratio of 1.32, a quick ratio of 3.52 and a debt-to-equity ratio of 140.09.

Petra Diamonds Company Profile

(Get Free Report)

Petra Diamonds is a leading independent diamond mining group and a supplier of gem quality rough diamonds to the international market. The Company's portfolio incorporates interests in three underground mines in South Africa (Cullinan Mine, Finsch and Koffiefontein) and one open pit mine in Tanzania (Williamson).

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