Shares of Petro Matad Limited (LON:MATD – Get Free Report) hit a new 52-week low during trading on Monday . The company traded as low as GBX 1.25 ($0.02) and last traded at GBX 1.28 ($0.02), with a volume of 3530762 shares trading hands. The stock had previously closed at GBX 1.28 ($0.02).
Petro Matad Stock Performance
The stock’s 50 day moving average price is GBX 1.47 and its 200 day moving average price is GBX 2.10. The company has a current ratio of 10.02, a quick ratio of 16.91 and a debt-to-equity ratio of 0.03. The firm has a market cap of £19.24 million, a PE ratio of -15.50 and a beta of 2.24.
About Petro Matad
Petro Matad Limited, together with its subsidiaries, engages in the exploration, development, and production of oil in Mongolia. It holds 100% interests in production sharing contract blocks, including Ongi Block V that covers an area of approximately 7,937 square kilometers; and Matad Block XX that consists of an area of approximately 214 square kilometers in Mongolia.
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