Pennpetro Energy Plc (LON:PPP – Get Free Report)’s stock price rose 24.3% on Wednesday . The stock traded as high as GBX 3.27 ($0.04) and last traded at GBX 3.17 ($0.04). Approximately 7,239,205 shares traded hands during trading, an increase of 163% from the average daily volume of 2,751,609 shares. The stock had previously closed at GBX 2.55 ($0.03).
Pennpetro Energy Trading Up 56.1 %
The stock has a market capitalization of £3.99 million, a PE ratio of -313.50 and a beta of -0.19. The company has a current ratio of 0.46, a quick ratio of 0.27 and a debt-to-equity ratio of 699.01. The business’s 50-day moving average is GBX 0.87 and its two-hundred day moving average is GBX 1.39.
Pennpetro Energy Company Profile
Pennpetro Energy Plc engages in onshore oil and gas exploration and production in the United States. Its principal property is the undeveloped central portion of the Gonzales oil field that consists of leasehold petroleum mineral interests with approximately 1,000 leases covering an area of 2,500 acres located in the City of Gonzales, Texas.
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