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PetroTal (LON:PTAL) Hits New 12-Month Low - Time to Sell?

PetroTal logo with Energy background

PetroTal Corp. (LON:PTAL - Get Free Report)'s share price hit a new 52-week low on Wednesday . The stock traded as low as GBX 31 ($0.39) and last traded at GBX 31.46 ($0.40), with a volume of 2319176 shares. The stock had previously closed at GBX 32.50 ($0.41).

PetroTal Price Performance

The company has a current ratio of 2.55, a quick ratio of 1.83 and a debt-to-equity ratio of 5.22. The stock has a 50 day simple moving average of GBX 35.94 and a 200-day simple moving average of GBX 38.68. The firm has a market cap of £287.61 million, a PE ratio of 286.00 and a beta of 1.90.

PetroTal Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were given a dividend of $0.02 per share. This represents a dividend yield of 3.22%. The ex-dividend date was Friday, November 29th. PetroTal's dividend payout ratio is currently 4,545.45%.

PetroTal Company Profile

(Get Free Report)

PetroTal Corp. engages in the development and exploration of oil and natural gas in Peru, South America. Its flagship property is the Bretana oil field located in the Maranon Basin of northern Peru. The company was formerly known as Sterling Resources Ltd. and changed its name to PetroTal Corp. in June 2018.

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