PetroTal (LON:PTAL) Trading 0.9% Higher – Time to Buy?

PetroTal Corp. (LON:PTALGet Free Report)’s share price traded up 0.9% during mid-day trading on Monday . The company traded as high as GBX 33.50 ($0.45) and last traded at GBX 32.80 ($0.44). 329,389 shares changed hands during trading, a decline of 52% from the average session volume of 689,863 shares. The stock had previously closed at GBX 32.50 ($0.44).

PetroTal Trading Up 0.9%

The stock has a market cap of £299.87 million, a P/E ratio of 410.00 and a beta of 1.90. The company has a current ratio of 2.10, a quick ratio of 1.83 and a debt-to-equity ratio of 5.12. The stock’s fifty day moving average price is GBX 35.60 and its 200 day moving average price is GBX 34.82.

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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