Premier Oil plc (OTCMKTS:PMOIY - Get Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $2.74 and traded as low as $2.15. Premier Oil shares last traded at $2.25, with a volume of 2,624 shares trading hands.
Premier Oil Price Performance
The firm has a market capitalization of $2.04 billion, a P/E ratio of 12.97 and a beta of 2.77. The business's 50-day simple moving average is $2.69 and its 200 day simple moving average is $3.09.
About Premier Oil
(
Get Free Report)
Premier Oil plc, an oil and gas company, engages in the exploration, production, and development of oil and gas properties in the Falkland Islands, Indonesia, Vietnam, the United Kingdom, and internationally. As of December 31, 2019, its proved and probable reserves (2P) were 175 million barrels of oil equivalent (mmboe); and 2P and estimated contingent resources were 847 mmboe.
See Also
Before you consider Premier Oil, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Premier Oil wasn't on the list.
While Premier Oil currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
