Premier Oil plc (OTCMKTS:PMOIY – Get Free Report)’s stock price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $3.15 and traded as low as $2.83. Premier Oil shares last traded at $2.83, with a volume of 3,000 shares.
Premier Oil Trading Down 7.2 %
The stock has a market cap of $2.62 billion, a price-to-earnings ratio of 16.65 and a beta of 2.77. The company’s fifty day moving average is $3.15 and its two-hundred day moving average is $3.34.
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.
Further Reading
- Five stocks we like better than Premier Oil
- Market Cap Calculator: How to Calculate Market Cap
- Bearish Investors Can Seek Refuge in Recession-Resistant ETFs
- How to Effectively Use the MarketBeat Ratings Screener
- 3 Oversold Magnificent Seven Stocks at Key Levels: Buy Now?
- What is a buyback in stocks? A comprehensive guide for investors
- 3M to Hit $175 by Mid-Year, and Higher Highs Are Likely
Receive News & Ratings for Premier Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Premier Oil and related companies with MarketBeat.com's FREE daily email newsletter.
