Petro Matad’s (MATD) House Stock Rating Reaffirmed at Shore Capital

Petro Matad (LON:MATD – Get Rating)‘s stock had its “house stock” rating reissued by equities researchers at Shore Capital in a research report issued to clients and investors on Thursday, Marketbeat Ratings reports.

LON:MATD opened at GBX 3.70 ($0.05) on Thursday. Petro Matad has a 52 week low of GBX 2.50 ($0.03) and a 52 week high of GBX 9.34 ($0.12). The firm has a 50 day moving average of GBX 3.99 and a 200 day moving average of GBX 3.54. The company has a quick ratio of 0.43, a current ratio of 0.82 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of £33.27 million and a price-to-earnings ratio of -18.76.

Petro Matad Company Profile (Get Rating)

Petro Matad Limited, together with its subsidiaries, explores for, develops, and produces oil in Mongolia. It holds 100% interests in production sharing contract blocks, including Bogd Block IV and Ongi Block V that covers an area of approximately 50,000 square kilometers; and Matad Block XX that consists of an area of approximately 10,340 square kilometers in Mongolia.

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