Petrofac (LON:PFC) Sets New 52-Week Low – Should You Sell?

Petrofac Limited (LON:PFC)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 6 ($0.08) and last traded at GBX 6.50 ($0.08), with a volume of 3038705 shares traded. The stock had previously closed at GBX 6.65 ($0.09).

Petrofac Price Performance

The company has a debt-to-equity ratio of -148.69, a current ratio of 0.68 and a quick ratio of 1.31. The company has a fifty day moving average of GBX 7.27 and a 200-day moving average of GBX 10.69. The firm has a market cap of £39.77 million, a P/E ratio of -0.07, a P/E/G ratio of -6.27 and a beta of 0.97.

Petrofac Company Profile

Petrofac Limited designs, builds, manages, maintains, and decommissions infrastructure for the energy industries in the United Kingdom, Algeria, Lithuania, Malaysia, the United States, Thailand, Oman, Australia, Bahrain, Kuwait, Iraq, Libya, India, the United Arab Emirates, the Netherlands, Ivory Coast, and internationally.