Permex Petroleum (OTCMKTS:OILCF) Trading 175.2% Higher – Here’s Why

Permex Petroleum Corporation (OTCMKTS:OILCFGet Free Report)’s stock price shot up 175.2% during trading on Monday . The stock traded as high as $3.2746 and last traded at $3.2746. 300 shares were traded during mid-day trading, an increase of 2,181% from the average session volume of 13 shares. The stock had previously closed at $1.19.

Permex Petroleum Price Performance

The company has a market capitalization of $1.80 million, a P/E ratio of -0.32 and a beta of 2.75. The business’s 50-day moving average price is $1.67 and its two-hundred day moving average price is $2.87.

About Permex Petroleum

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