Shares of PetroShale Inc. (CVE:PSH – Get Free Report) rose 1.5% during mid-day trading on Tuesday . The company traded as high as C$0.68 and last traded at C$0.67. Approximately 136,650 shares were traded during trading, a decline of 73% from the average daily volume of 503,148 shares. The stock had previously closed at C$0.66.
PetroShale Price Performance
The business’s 50-day simple moving average is C$0.67 and its two-hundred day simple moving average is C$0.67. The stock has a market cap of C$441.96 million and a price-to-earnings ratio of 7.28. The company has a debt-to-equity ratio of 36.65, a current ratio of 0.73 and a quick ratio of 0.72.
About PetroShale
PetroShale Inc, an independent oil company, engages in the acquisition, development, and production of oil-weighted assets primarily in the Bakken and Three Forks formations in the Williston Basin area of North Dakota. It holds interests in the Middle Bakken and Three Forks Benches One, Two, Three, and Four formations, as well as Pronghorn/Sanish and Lodgepole areas.
See Also
- Five stocks we like better than PetroShale
- 10 Best Airline Stocks to Buy
- Silicon Motion Proves That AI in Motion Stays in Motion
- What is the Nikkei 225 index?
- Undervalued UnitedHealth Group Won’t Be For Long
- ETF Screener: Uses and Step-by-Step Guide
- The 5 Stocks Most Sold By Insiders This Year
Receive News & Ratings for PetroShale Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PetroShale and related companies with MarketBeat.com's FREE daily email newsletter.
