Premier Oil plc (OTCMKTS:PMOIY - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $3.01 and traded as low as $2.08. Premier Oil shares last traded at $2.21, with a volume of 12,203 shares traded.
Premier Oil Price Performance
The firm's 50-day simple moving average is $2.49 and its 200 day simple moving average is $2.97. The firm has a market capitalization of $2.18 billion, a price-to-earnings ratio of 13.82 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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