PetroTal (LON:PTAL) Hits New 52-Week Low – What’s Next?

Shares of PetroTal Corp. (LON:PTAL) reached a new 52-week low on Friday . The company traded as low as GBX 19.50 and last traded at GBX 20.10, with a volume of 1566314 shares. The stock had previously closed at GBX 20.25.

Wall Street Analyst Weigh In

Separately, Peel Hunt restated an “under review” rating on shares of PetroTal in a research note on Thursday, November 13th.

PetroTal Stock Performance

The firm has a market capitalization of £183.52 million, a price-to-earnings ratio of 2.51 and a beta of 1.90. The company has a fifty day moving average of GBX 28.73 and a two-hundred day moving average of GBX 33.45. The company has a debt-to-equity ratio of 5.12, a quick ratio of 1.83 and a current ratio of 2.10.

About PetroTal

PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and OTCQX: PTALF) oil and gas development and production Company domiciled in Calgary, Alberta, focused on the development of oil assets in Peru.

PetroTal’s flagship asset is its 100% working interest in Bretana oil field in Peru’s Block 95 where oil production was initiated in June 2018.