Pennpetro Energy Plc (LON:PPP – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 7 ($0.09) and last traded at GBX 5.61 ($0.07), with a volume of 86554391 shares. The stock had previously closed at GBX 3.98 ($0.05).
Pennpetro Energy Stock Performance
The company has a debt-to-equity ratio of 699.01, a current ratio of 0.46 and a quick ratio of 0.27. The company’s fifty day moving average is GBX 1.03 and its 200-day moving average is GBX 1.42. The stock has a market cap of £8.60 million, a PE ratio of -821.00 and a beta of -0.19.
About Pennpetro Energy
Pennpetro Energy Plc engages in onshore oil and gas exploration and production in the United States. Its principal property is the undeveloped central portion of the Gonzales oil field that consists of leasehold petroleum mineral interests with approximately 1,000 leases covering an area of 2,500 acres located in the City of Gonzales, Texas.
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