Shares of President Energy PLC (LON:PPC) reached a new 52-week low on Wednesday . The stock traded as low as GBX 3.86 ($0.05) and last traded at GBX 4 ($0.05), with a volume of 388126 shares. The stock had previously closed at GBX 4.10 ($0.05).
A number of analysts have recently commented on the company. FinnCap restated a “corporate” rating on shares of President Energy in a report on Monday, September 30th. Peel Hunt restated an “add” rating and issued a GBX 10.50 ($0.14) price target on shares of President Energy in a report on Wednesday, August 28th. Finally, Peel Hunt restated an “add” rating on shares of President Energy in a report on Monday, September 30th.
The company has a market capitalization of $45.06 million and a P/E ratio of -11.86. The business has a fifty day moving average price of GBX 4.97 and a 200 day moving average price of GBX 6.82. The company has a quick ratio of 0.45, a current ratio of 0.46 and a debt-to-equity ratio of 20.55.
President Energy PLC engages in the exploration, evaluation, and production of oil and gas properties primarily in South America. The company holds interests in the Pirity and Hernandarias concessions located in the Pirity Sub-Basin in Paraguay; the CNO-8 Puesto Guardian, and Matorras and Ocultar licenses in Argentina; and the Las Bases and Puesto Prado Concessions in Rio Negro Province, Argentina.
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