Shares of PetroTal Corp. (LON:PTAL – Get Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 38 ($0.50) and last traded at GBX 38.50 ($0.51), with a volume of 787728 shares traded. The stock had previously closed at GBX 39 ($0.51).
PetroTal Stock Performance
The company has a current ratio of 2.55, a quick ratio of 1.83 and a debt-to-equity ratio of 5.22. The company has a market cap of £351.97 million, a PE ratio of 353.64 and a beta of 1.92. The firm’s 50-day simple moving average is GBX 41.37 and its two-hundred day simple moving average is GBX 43.77.
PetroTal Announces Dividend
The company also recently announced a dividend, which will be paid on Friday, September 13th. Investors of record on Thursday, August 29th will be given a $0.02 dividend. This represents a dividend yield of 3.02%. The ex-dividend date of this dividend is Thursday, August 29th. PetroTal’s payout ratio is 4,545.45%.
About PetroTal
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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