Petra Diamonds Limited (LON:PDL - Get Free Report)'s share price shot up 3.2% during trading on Friday . The company traded as high as GBX 29.50 ($0.37) and last traded at GBX 28.90 ($0.36). 229,776 shares traded hands during trading, an increase of 7% from the average session volume of 214,598 shares. The stock had previously closed at GBX 28 ($0.35).
Petra Diamonds Stock Performance
The stock's fifty day simple moving average is GBX 34.24 and its 200-day simple moving average is GBX 33.72. 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 capitalization of £56.12 million, a PE ratio of -87.58, a price-to-earnings-growth ratio of 0.17 and a beta of 1.45.
Insider Buying and Selling
In related news, insider José Manuel Vargas acquired 4,200,000 shares of Petra Diamonds stock in a transaction on Friday, September 27th. The shares were bought at an average price of GBX 27 ($0.34) per share, for a total transaction of £1,134,000 ($1,431,276.03). Corporate insiders own 48.56% of the company's stock.
Petra Diamonds Company Profile
(
Get Free Report)
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.
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