Premier Oil plc (OTCMKTS:PMOIY - Get Free Report)'s share price traded up 8.8% during trading on Friday . The stock traded as high as $3.10 and last traded at $3.09. 22,135 shares were traded during trading, a decline of 21% from the average session volume of 27,959 shares. The stock had previously closed at $2.84.
Premier Oil Trading Up 7.5%
The company has a 50 day moving average of $2.72 and a 200 day moving average of $2.65. The firm has a market cap of $3.24 billion, a price-to-earnings ratio of 20.59 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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