Petrofac (LON:PFC) Shares Up 8.3% – Should You Buy?

Petrofac Limited (LON:PFCGet Free Report)’s stock price rose 8.3% during trading on Tuesday . The stock traded as high as GBX 8.60 ($0.11) and last traded at GBX 8.40 ($0.10). Approximately 8,949,092 shares traded hands during trading, an increase of 131% from the average daily volume of 3,878,208 shares. The stock had previously closed at GBX 7.76 ($0.10).

Petrofac Price Performance

The firm has a market capitalization of £45.42 million, a price-to-earnings ratio of -10.24, a PEG ratio of -6.27 and a beta of 0.97. The company has a current ratio of 0.68, a quick ratio of 1.31 and a debt-to-equity ratio of 900.89. The business has a 50-day moving average price of GBX 9.82 and a two-hundred day moving average price of GBX 12.78.

Petrofac Company Profile

(Get Free Report)

Petrofac Limited designs, builds, manages, maintains, and decommissions infrastructure for the energy industries in the United Kingdom, Algeria, Lithuania, Malaysia, the United States, Thailand, Oman, Australia, Bahrain, Kuwait, Iraq, Libya, India, the United Arab Emirates, the Netherlands, Ivory Coast, and internationally.

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