Pennpetro Energy Plc (LON:PPP – Get Free Report) shares were down 7.1% during trading on Tuesday . The stock traded as low as GBX 9 ($0.12) and last traded at GBX 9.29 ($0.12). Approximately 25,706,818 shares traded hands during mid-day trading, an increase of 438% from the average daily volume of 4,777,396 shares. The stock had previously closed at GBX 10 ($0.13).
Pennpetro Energy Price Performance
The firm has a fifty day moving average of GBX 1.39 and a two-hundred day moving average of GBX 1.52. 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 company has a market capitalization of £9.58 million, a PE ratio of -950.00 and a beta of -0.19.
About Pennpetro Energy
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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