Premier Oil plc (OTCMKTS:PMOIY - Get Free Report) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $2.39 and traded as low as $2.33. Premier Oil shares last traded at $2.33, with a volume of 1,500 shares changing hands.
Premier Oil Stock Up 2.0%
The business's 50-day simple moving average is $2.39 and its two-hundred day simple moving average is $2.89. The firm has a market cap of $2.15 billion, a price-to-earnings ratio of 13.68 and a beta of 2.77.
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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