Shore Capital Group Reaffirms House Stock Rating for Petro Matad (LON:MATD)

Petro Matad (LON:MATDGet Free Report)‘s stock had its “house stock” rating reiterated by equities research analysts at Shore Capital Group in a research note issued on Thursday,Digital Look reports.

Petro Matad Stock Up 2.0%

Shares of LON:MATD opened at GBX 1.13 on Thursday. Petro Matad has a 1-year low of GBX 0.65 and a 1-year high of GBX 1.68. The company’s fifty day moving average is GBX 1.27 and its two-hundred day moving average is GBX 1.20. The company has a debt-to-equity ratio of 0.22, a quick ratio of 16.91 and a current ratio of 2.32. The stock has a market capitalization of £20.75 million, a price-to-earnings ratio of -1.66 and a beta of 0.54.

About Petro Matad

(Get Free Report)

Petro Matad is a company focused on delivery of energy in Mongolia from both the hydrocarbon and renewables sectors.

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