Premier Oil plc (OTCMKTS:PMOIY - Get Free Report) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $3.15 and traded as low as $2.83. Premier Oil shares last traded at $2.83, with a volume of 3,000 shares changing hands.
Premier Oil Price Performance
The company has a market capitalization of $2.57 billion, a price-to-earnings ratio of 16.35 and a beta of 2.77. The business has a fifty day moving average price of $3.13 and a 200 day moving average price of $3.32.
Premier Oil Company Profile
(
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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.
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