Shares of Premier Oil plc (OTCMKTS:PMOIY - Get Free Report) fell 14.6% on Thursday . The stock traded as low as $2.48 and last traded at $2.48. 186 shares were traded during mid-day trading, a decline of 99% from the average session volume of 27,959 shares. The stock had previously closed at $2.90.
Premier Oil Price Performance
The stock has a market cap of $2.58 billion, a price-to-earnings ratio of 16.41 and a beta of 2.77. The stock has a fifty day moving average of $2.57 and a two-hundred day moving average of $2.70.
About Premier Oil
(
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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.
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