Predator Oil & Gas (LON:PRD) Stock Price Down 19.3% – Here’s What Happened

Predator Oil & Gas Holdings Plc (LON:PRDGet Free Report) shares fell 19.3% on Wednesday . The company traded as low as GBX 4.15 ($0.05) and last traded at GBX 4.40 ($0.05). 12,106,600 shares traded hands during mid-day trading, an increase of 489% from the average session volume of 2,055,888 shares. The stock had previously closed at GBX 5.45 ($0.07).

Predator Oil & Gas Stock Down 20.1 %

The company has a debt-to-equity ratio of 16.06, a current ratio of 1.66 and a quick ratio of 6.22. The stock’s 50 day simple moving average is GBX 6.14 and its two-hundred day simple moving average is GBX 7.89. The firm has a market cap of £24.91 million, a P/E ratio of -435.50 and a beta of 2.02.

About Predator Oil & Gas

(Get Free Report)

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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