Premier Oil plc (OTCMKTS:PMOIY - Get Free Report)'s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty 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.
Premier Oil Price Performance
The firm's 50 day moving average is $2.38 and its 200 day moving average is $2.88. The firm has a market cap of $2.15 billion, a P/E ratio of 13.65 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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