Predator Oil & Gas (LON:PRD) Trading Down 1.5% – Here’s What Happened

Predator Oil & Gas Holdings Plc (LON:PRDGet Free Report) dropped 1.5% during mid-day trading on Wednesday . The company traded as low as GBX 3.10 and last traded at GBX 3.10. Approximately 1,097,202 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 6,137,950 shares. The stock had previously closed at GBX 3.15.

Predator Oil & Gas Stock Down 9.1%

The company has a market capitalization of £23.33 million, a price-to-earnings ratio of -7.14 and a beta of 2.02. The business has a 50-day moving average price of GBX 3.54 and a 200-day moving average price of GBX 3.24.

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. The company was incorporated in 2017 and is based in Saint Helier, Jersey.

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