TransGlobe Energy Co. (TSE:TGL – Get Free Report) (NYSE:TGA)’s stock price dropped 0.4% during mid-day trading on Monday . The stock traded as low as C$4.91 and last traded at C$5.06. Approximately 384,762 shares changed hands during mid-day trading, an increase of 257% from the average daily volume of 107,897 shares. The stock had previously closed at C$5.08.
TransGlobe Energy Price Performance
The company has a current ratio of 2.26, a quick ratio of 2.17 and a debt-to-equity ratio of 2.14. The business has a 50 day moving average price of C$5.06. The firm has a market cap of C$370.90 million, a PE ratio of 2.18, a P/E/G ratio of 1.46 and a beta of 2.62.
TransGlobe Energy Company Profile
TransGlobe Energy Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and production of crude oil and natural gas in Egypt and Canada. The company holds interests in four production sharing concessions, which include West Gharib, West Bakr, NW Gharib, and South Ghazalat, Egypt; and owns production and working interests in facilities in the Cardium light oil and Mannville liquid-rich gas assets in the Harmattan area of west central Alberta, Canada.
Featured Stories
- Five stocks we like better than TransGlobe Energy
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Why the Buy-and-Hold Strategy May Be Best for Most Investors
- What Are the U.K. Market Holidays? How to Invest and Trade
- Eli Lilly’s Path to the Next Trillion Market Capitalization
- What Makes a Stock a Good Dividend Stock?
- Mobileye Global: CEO Makes $10 Million Bet on Future Strength
Receive News & Ratings for TransGlobe Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransGlobe Energy and related companies with MarketBeat.com's FREE daily email newsletter.
