Predator Oil & Gas (LON:PRD) Trading Down 16.3% – Here’s Why

Predator Oil & Gas Holdings Plc (LON:PRD)’s share price traded down 16.3% on Monday . The company traded as low as GBX 2.70 ($0.03) and last traded at GBX 3 ($0.04). 5,301,445 shares traded hands during trading, an increase of 9% from the average session volume of 4,870,126 shares. The stock had previously closed at GBX 3.58 ($0.05).

Predator Oil & Gas Price Performance

The stock’s fifty day simple moving average is GBX 4.71 and its 200-day simple moving average is GBX 6.42. The company has a market capitalization of £17.95 million, a P/E ratio of -3.17 and a beta of 2.02.

About Predator Oil & Gas

Predator Oil & Gas Holdings Plc, together with its subsidiaries, engages in the exploration, appraisal, and development of oil and gas assets in Africa, Europe, and the Caribbean. It owns a diversified portfolio of oil and gas interests comprising CO2 enhanced Oil Recovery project in Trinidad; 2 gas exploration and appraisal project in offshore Ireland; and gas exploration project in onshore Morocco.