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PetroTal (LON:PTAL) Hits New 52-Week Low - Here's Why

PetroTal logo with Energy background

PetroTal Corp. (LON:PTAL - Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 29.17 ($0.38) and last traded at GBX 30 ($0.40), with a volume of 710907 shares changing hands. The stock had previously closed at GBX 31.50 ($0.42).

PetroTal Trading Up 4.6 %

The firm has a 50-day moving average price of GBX 36.46 and a 200-day moving average price of GBX 36.13. The company has a market capitalization of £389.12 million, a price-to-earnings ratio of 3.69 and a beta of 1.90. The company has a current ratio of 2.10, a quick ratio of 1.83 and a debt-to-equity ratio of 5.12.

About PetroTal

(Get Free Report)

PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and OTCQX: PTALF) oil and gas development and production Company domiciled in Calgary, Alberta, focused on the development of oil assets in Peru. PetroTal's flagship asset is its 100% working interest in Bretana oil field in Peru's Block 95 where oil production was initiated in June 2018.

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