TransGlobe Energy (TSE:TGL) Trading Down 0.4%

Shares of TransGlobe Energy Co. (TSE:TGLGet Free Report) (NYSE:TGA) fell 0.4% during trading on Monday . The stock traded as low as C$4.91 and last traded at C$5.06. 384,762 shares traded hands during mid-day trading, an increase of 257% from the average session volume of 107,897 shares. The stock had previously closed at C$5.08.

TransGlobe Energy Trading Down 0.4 %

The company’s 50 day moving average price is C$5.06. The company has a current ratio of 2.26, a quick ratio of 2.17 and a debt-to-equity ratio of 2.14. The company has a market cap of C$370.90 million, a price-to-earnings ratio of 2.18, a PEG ratio of 1.46 and a beta of 2.62.

TransGlobe Energy Company Profile

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TransGlobe Energy Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and production of crude oil and natural gas in Egypt and Canada. The company holds interests in four production sharing concessions, which include West Gharib, West Bakr, NW Gharib, and South Ghazalat, Egypt; and owns production and working interests in facilities in the Cardium light oil and Mannville liquid-rich gas assets in the Harmattan area of west central Alberta, Canada.

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