PetroTal (LON:PTAL) Trading Up 4.2% – Still a Buy?

PetroTal Corp. (LON:PTALGet Free Report) was up 4.2% during mid-day trading on Friday . The company traded as high as GBX 37.50 ($0.51) and last traded at GBX 37.50 ($0.51). Approximately 2,719,880 shares were traded during trading, an increase of 242% from the average daily volume of 794,631 shares. The stock had previously closed at GBX 36 ($0.49).

PetroTal Stock Performance

The stock has a market cap of £429.17 million, a price-to-earnings ratio of 4.07 and a beta of 1.90. The stock’s fifty day moving average is GBX 32.36 and its 200-day moving average is GBX 34.76. The company has a quick ratio of 1.83, a current ratio of 2.10 and a debt-to-equity ratio of 5.12.

About PetroTal

(Get Free Report)

PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and OTCQX: PTALF) oil and gas development and production Company domiciled in Calgary, Alberta, focused on the development of oil assets in Peru.

PetroTal’s flagship asset is its 100% working interest in Bretana oil field in Peru’s Block 95 where oil production was initiated in June 2018.

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