Premier Oil plc (LON:PMO – Get Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 22.40 ($0.28) and traded as high as GBX 24 ($0.30). Premier Oil shares last traded at GBX 22.40 ($0.28), with a volume of 40,864,785 shares.
Premier Oil Price Performance
The company has a current ratio of 0.14, a quick ratio of 0.13 and a debt-to-equity ratio of 571.58. The stock has a 50-day simple moving average of GBX 22.40 and a 200 day simple moving average of GBX 22.40. The stock has a market capitalization of £207.32 million and a price-to-earnings ratio of -0.15.
Premier Oil Company Profile
Premier Oil plc, an oil and gas company, engages in the exploration, production, and development of oil and gas properties in the Falkland Islands, Indonesia, Vietnam, the United Kingdom, and internationally. As of December 31, 2019, its proved and probable reserves (2P) were 175 million barrels of oil equivalent (mmboe); and 2P and estimated contingent resources were 847 mmboe.
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