Premier Oil plc (OTCMKTS:PMOIY - Get Free Report)'s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $2.74 and traded as low as $2.15. Premier Oil shares last traded at $2.25, with a volume of 2,624 shares trading hands.
Premier Oil Stock Performance
The firm has a market cap of $2.04 billion, a price-to-earnings ratio of 12.97 and a beta of 2.77. The stock's fifty day moving average price is $2.69 and its 200-day moving average price is $3.08.
Premier Oil Company Profile
(
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Premier Oil plc, an oil and gas company, engages in the exploration, production, and development of oil and gas properties in the Falkland Islands, Indonesia, Vietnam, the United Kingdom, and internationally. As of December 31, 2019, its proved and probable reserves (2P) were 175 million barrels of oil equivalent (mmboe); and 2P and estimated contingent resources were 847 mmboe.
Further Reading
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