Predator Oil & Gas (LON:PRD) Stock Price Down 16.3% – Here’s Why

Predator Oil & Gas Holdings Plc (LON:PRDGet Free Report) shares dropped 16.3% during mid-day trading on Monday . The stock traded as low as GBX 2.70 ($0.03) and last traded at GBX 3 ($0.04). Approximately 5,301,445 shares changed hands during trading, an increase of 9% from the average daily volume of 4,870,126 shares. The stock had previously closed at GBX 3.58 ($0.05).

Predator Oil & Gas Trading Down 7.8 %

The stock has a market cap of £17.95 million, a price-to-earnings ratio of -3.17 and a beta of 2.02. The firm has a fifty day simple moving average of GBX 4.71 and a 200 day simple moving average of GBX 6.42.

Predator Oil & Gas Company Profile

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Predator Oil & Gas Holdings Plc, together with its subsidiaries, engages in the exploration, appraisal, and development of oil and gas assets in Africa, Europe, and the Caribbean. It owns a diversified portfolio of oil and gas interests comprising CO2 enhanced Oil Recovery project in Trinidad; 2 gas exploration and appraisal project in offshore Ireland; and gas exploration project in onshore Morocco.

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