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Petrofac (LON:PFC) Stock Price Down 3.5% - Should You Sell?

Petrofac logo with Energy background

Petrofac Limited (LON:PFC - Get Free Report) was down 3.5% during trading on Friday . The stock traded as low as GBX 10.46 ($0.13) and last traded at GBX 10.69 ($0.14). Approximately 1,118,343 shares changed hands during trading, a decline of 80% from the average daily volume of 5,591,909 shares. The stock had previously closed at GBX 11.08 ($0.14).

Petrofac Stock Performance

The company has a debt-to-equity ratio of 900.89, a quick ratio of 1.31 and a current ratio of 0.68. The firm's 50-day moving average price is GBX 12.19 and its two-hundred day moving average price is GBX 13.74. The stock has a market cap of £55.81 million, a price-to-earnings ratio of -12.58, a PEG ratio of -6.27 and a beta of 0.97.

Insiders Place Their Bets

In other news, insider Afonso Reis e Sousa sold 27,811 shares of the company's stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of GBX 14 ($0.18), for a total value of £3,893.54 ($4,963.72). 16.47% of the stock is owned by insiders.

About Petrofac

(Get Free Report)

Petrofac Limited designs, builds, manages, maintains, and decommissions infrastructure for the energy industries in the United Kingdom, Algeria, Lithuania, Malaysia, the United States, Thailand, Oman, Australia, Bahrain, Kuwait, Iraq, Libya, India, the United Arab Emirates, the Netherlands, Ivory Coast, and internationally.

See Also

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