Premier Oil plc (OTCMKTS:PMOIY - Get Free Report) dropped 14.6% during trading on Thursday . The stock traded as low as $2.48 and last traded at $2.48. Approximately 186 shares traded hands during trading, a decline of 99% from the average daily volume of 27,959 shares. The stock had previously closed at $2.90.
Premier Oil Stock Down 14.6%
The stock has a market cap of $2.30 billion, a price-to-earnings ratio of 14.59 and a beta of 2.77. The company has a 50 day simple moving average of $2.56 and a 200 day simple moving average of $2.71.
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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