PetroTal Corp. (LON:PTAL – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 39 ($0.50) and last traded at GBX 39.50 ($0.51), with a volume of 1023117 shares. The stock had previously closed at GBX 41.25 ($0.53).
PetroTal Trading Down 4.2 %
The business has a 50 day moving average of GBX 42.66 and a 200 day moving average of GBX 44.65. The firm has a market capitalization of £361.31 million, a price-to-earnings ratio of 349.17 and a beta of 1.98. The company has a debt-to-equity ratio of 5.68, a current ratio of 2.43 and a quick ratio of 1.83.
PetroTal Cuts Dividend
The company also recently disclosed a dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were issued a dividend of $0.02 per share. This represents a yield of 2.48%. The ex-dividend date was Friday, May 31st. PetroTal’s dividend payout ratio is currently 5,000.00%.
PetroTal Company Profile
PetroTal Corp. engages in the development and exploration of oil and natural gas in Peru, South America. Its flagship property is the Bretana oil field located in the Maranon Basin of northern Peru. The company was formerly known as Sterling Resources Ltd. and changed its name to PetroTal Corp. in June 2018.
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