PetroTal (LON:PTAL) Stock Price Up 0.1% - Time to Buy?

PetroTal Corp. (LON:PTAL - Get Free Report) was up 0.1% on Thursday . The stock traded as high as GBX 38 ($0.47) and last traded at GBX 37.80 ($0.46). Approximately 542,764 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 1,039,638 shares. The stock had previously closed at GBX 37.75 ($0.46).

PetroTal Stock Performance

The business has a 50 day moving average of GBX 35.04 and a 200-day moving average of GBX 37.12. The company has a market capitalization of £342.83 million, a P/E ratio of 340.91 and a beta of 1.90. The company has a debt-to-equity ratio of 5.22, a quick ratio of 1.83 and a current ratio of 2.55.

PetroTal Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 13th. Stockholders 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 presently 4,545.45%.

About PetroTal

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.