PetroTal (LON:PTAL) Trading Down 1.1% – What’s Next?

PetroTal Corp. (LON:PTAL)’s share price dropped 1.1% during trading on Friday . The stock traded as low as GBX 38.56 ($0.49) and last traded at GBX 38.56 ($0.49). Approximately 354,364 shares traded hands during trading, a decline of 62% from the average daily volume of 923,715 shares. The stock had previously closed at GBX 39 ($0.49).

PetroTal Trading Down 1.1 %

The company has a fifty day simple moving average of GBX 36.32 and a two-hundred day simple moving average of GBX 36.88. The company has a market capitalization of £441.33 million, a P/E ratio of 4.18 and a beta of 1.90. The company has a debt-to-equity ratio of 5.12, a current ratio of 2.10 and a quick ratio of 1.83.

PetroTal Company Profile

PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and OTCQX: PTALF) oil and gas development and production Company domiciled in Calgary, Alberta, focused on the development of oil assets in Peru.

PetroTal’s flagship asset is its 100% working interest in Bretana oil field in Peru’s Block 95 where oil production was initiated in June 2018.