Petrofac (LON:PFC) Shares Down 8.2% – What’s Next?

Petrofac Limited (LON:PFCGet Free Report)’s share price traded down 8.2% on Thursday . The stock traded as low as GBX 4.96 ($0.06) and last traded at GBX 5.10 ($0.07). 2,060,438 shares changed hands during mid-day trading, a decline of 8% from the average session volume of 2,237,988 shares. The stock had previously closed at GBX 5.55 ($0.07).

Petrofac Stock Performance

The company has a debt-to-equity ratio of -148.69, a current ratio of 0.68 and a quick ratio of 1.31. The company has a market cap of £37.87 million, a price-to-earnings ratio of -0.07, a PEG ratio of -6.27 and a beta of 0.97. The firm has a 50 day simple moving average of GBX 7.06 and a 200-day simple moving average of GBX 10.30.

Petrofac Company Profile

(Get Free Report)

Petrofac Limited designs, builds, manages, maintains, and decommissions infrastructure for the energy industries in the United Kingdom, Algeria, Lithuania, Malaysia, the United States, Thailand, Oman, Australia, Bahrain, Kuwait, Iraq, Libya, India, the United Arab Emirates, the Netherlands, Ivory Coast, and internationally.

Further Reading

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