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

Petra Diamonds logo with Basic Materials background

Petra Diamonds Limited (LON:PDL - Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 31.88 ($0.39) and traded as low as GBX 27 ($0.33). Petra Diamonds shares last traded at GBX 27.20 ($0.33), with a volume of 155,751 shares traded.

Petra Diamonds Stock Down 1.8 %

The firm's 50-day simple moving average is GBX 31.50 and its 200 day simple moving average is GBX 31.78. The company has a debt-to-equity ratio of 140.09, a quick ratio of 3.52 and a current ratio of 1.32. The company has a market cap of £51.85 million, a P/E ratio of -80.91, a PEG ratio of 0.17 and a beta of 1.45.

About Petra Diamonds

(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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