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Petrus Resources (TSE:PRQ) Stock Price Crosses Below Fifty Day Moving Average - Should You Sell?

Petrus Resources logo with Energy background
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Petrus Resources Ltd. (TSE:PRQ - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$1.37 and traded as low as C$1.34. Petrus Resources shares last traded at C$1.35, with a volume of 13,442 shares changing hands.

Petrus Resources Price Performance

The company has a 50 day moving average of C$1.36 and a 200 day moving average of C$1.40. The stock has a market capitalization of C$168.89 million, a price-to-earnings ratio of 3.95 and a beta of 3.02. The company has a quick ratio of 0.48, a current ratio of 0.42 and a debt-to-equity ratio of 19.79.

Petrus Resources Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 31st will be given a dividend of $0.01 per share. This represents a $0.12 annualized dividend and a yield of 8.96%. The ex-dividend date is Monday, March 17th. Petrus Resources's dividend payout ratio (DPR) is 35.41%.

Petrus Resources Company Profile

(Get Free Report)

Petrus Resources Ltd is a company that is engaged in the acquisition, development, exploration, and exploitation of energy business assets. The company receives maximum revenue from oil and natural gas. The company's core operating areas are Ferrier, Central Alberta, and the Rocky Mountain foothills.

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