PetroTal (LON:PTAL) Hits New 12-Month Low – Time to Sell?

PetroTal Corp. (LON:PTALGet Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 33 ($0.42) and last traded at GBX 33.20 ($0.42), with a volume of 378288 shares trading hands. The stock had previously closed at GBX 33.25 ($0.42).

PetroTal Stock Performance

The firm has a market cap of £301.69 million, a price-to-earnings ratio of 300.00 and a beta of 1.90. The stock has a 50 day moving average of GBX 36.38 and a 200 day moving average of GBX 39. The company has a quick ratio of 1.83, a current ratio of 2.55 and a debt-to-equity ratio of 5.22.

PetroTal Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were paid a dividend of $0.02 per share. This represents a yield of 3.22%. The ex-dividend date was Friday, November 29th. PetroTal’s payout ratio is 4,545.45%.

About PetroTal

(Get Free Report)

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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