PetroTal (LON:PTAL) Shares Down 1.5%

PetroTal Corp. (LON:PTALGet Free Report)’s stock price fell 1.5% on Thursday . The stock traded as low as GBX 47.50 ($0.59) and last traded at GBX 48.25 ($0.60). 209,535 shares changed hands during trading, a decline of 64% from the average session volume of 588,901 shares. The stock had previously closed at GBX 49 ($0.61).

PetroTal Price Performance

The company has a debt-to-equity ratio of 6.22, a quick ratio of 1.83 and a current ratio of 2.49. The stock’s 50 day simple moving average is GBX 45.09 and its 200-day simple moving average is GBX 45.74. The firm has a market cap of £439.42 million, a price-to-earnings ratio of 480.00 and a beta of 2.02.

PetroTal Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, March 15th. Stockholders of record on Wednesday, February 28th were given a dividend of $0.02 per share. The ex-dividend date was Wednesday, February 28th. This represents a dividend yield of 3.67%. PetroTal’s dividend payout ratio is presently 6,000.00%.

About PetroTal

(Get Free Report)

PetroTal Corp. engages in the development and exploration of oil and natural gas in Peru, South America. Its flagship property is the Bretana oil field located in the Maranon Basin of northern Peru. The company was formerly known as Sterling Resources Ltd. and changed its name to PetroTal Corp. in June 2018.

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