Petrofac (LON:PFC) Shares Down 6.6%

Petrofac Limited (LON:PFCGet Free Report)’s stock price was down 6.6% during mid-day trading on Monday . The company traded as low as GBX 19.62 ($0.25) and last traded at GBX 20.55 ($0.26). Approximately 14,104,463 shares traded hands during trading, an increase of 70% from the average daily volume of 8,280,065 shares. The stock had previously closed at GBX 22 ($0.28).

Petrofac Stock Down 6.8 %

The firm has a market cap of £107.70 million, a price-to-earnings ratio of -28.21, a P/E/G ratio of -6.27 and a beta of 0.96. The company has a debt-to-equity ratio of 900.89, a current ratio of 0.88 and a quick ratio of 1.31. The stock has a 50-day moving average of GBX 17.35 and a 200-day moving average of GBX 23.78.

Insider Buying and Selling

In other Petrofac news, insider Sara Akbar bought 18,955 shares of Petrofac stock in a transaction on Thursday, April 4th. The shares were purchased at an average price of GBX 26 ($0.33) per share, with a total value of £4,928.30 ($6,314.29). 16.59% of the stock is currently owned by company insiders.

Petrofac Company Profile

(Get Free Report)

Petrofac Limited designs, builds, manages, and maintains infrastructure for the energy industries in the United Kingdom, Algeria, Thailand, Oman, Kuwait, Iraq, the United Arab Emirates, the Netherlands, and internationally. It operates through three segments: Engineering & Construction (E&C); Asset Solutions; and Integrated Energy Services (IES).

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