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PetroTal (LON:PTAL) Trading Up 1.7% - Time to Buy?

PetroTal logo with Energy background

PetroTal Corp. (LON:PTAL - Get Free Report)'s share price traded up 1.7% during mid-day trading on Wednesday . The company traded as high as GBX 31.50 ($0.42) and last traded at GBX 31.26 ($0.42). 850,779 shares were traded during trading, an increase of 13% from the average session volume of 752,717 shares. The stock had previously closed at GBX 30.75 ($0.41).

PetroTal Stock Down 1.6 %

The company has a market cap of £354.78 million, a price-to-earnings ratio of 3.36 and a beta of 1.90. The stock's fifty day moving average is GBX 33.91 and its two-hundred day moving average is GBX 35.40. 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

(Get Free Report)

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.

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