Pennpetro Energy Plc (LON:PPP – Get Free Report) dropped 3.4% during mid-day trading on Wednesday . The stock traded as low as GBX 9 and last traded at GBX 9. 640,882 shares traded hands during trading, a decline of 87% from the average session volume of 4,838,305 shares. The stock had previously closed at GBX 9.32.
Pennpetro Energy Price Performance
The stock has a fifty day simple moving average of GBX 9 and a two-hundred day simple moving average of GBX 9. The company has a market cap of £9.57 million, a PE ratio of -1.00 and a beta of 2.08. The company has a current ratio of 0.46, a quick ratio of 0.27 and a debt-to-equity ratio of 699.01.
Pennpetro Energy Company Profile
Pennpetro Energy Plc engages in onshore oil and gas exploration and production in the United States. Its principal property is the undeveloped central portion of the Gonzales oil field that consists of leasehold petroleum mineral interests with approximately 1,000 leases covering an area of 2,500 acres located in the City of Gonzales, Texas. The company was incorporated in 2016 and is based in London, the United Kingdom.
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