Petrus Resources Ltd. (TSE:PRQ - Get Free Report)'s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$1.76 and traded as low as C$1.76. Petrus Resources shares last traded at C$1.80, with a volume of 23,956 shares trading hands.
Analyst Ratings Changes
Separately, Haywood Securities set a C$2.40 price objective on shares of Petrus Resources and gave the stock a "buy" rating in a report on Friday, May 15th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of C$2.40.
Check Out Our Latest Research Report on PRQ
Petrus Resources Stock Performance
The firm has a market capitalization of C$269.49 million, a price-to-earnings ratio of -90.00 and a beta of 0.16. The company has a 50-day moving average price of C$1.76 and a 200-day moving average price of C$1.81. The company has a quick ratio of 0.48, a current ratio of 0.45 and a debt-to-equity ratio of 20.95.
Petrus Resources (TSE:PRQ - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported C$0.06 earnings per share (EPS) for the quarter. The company had revenue of C$32.63 million for the quarter. Petrus Resources had a negative return on equity of 0.66% and a negative net margin of 1.99%. As a group, equities research analysts forecast that Petrus Resources Ltd. will post 0.2131148 earnings per share for the current year.
Petrus Resources Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 29th will be paid a dividend of $0.01 per share. This represents a c) annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend is Tuesday, September 15th. Petrus Resources's payout ratio is -600.00%.
Insider Buying and Selling
In other news, Director Donald Gordon Cormack bought 29,382 shares of the company's stock in a transaction on Friday, August 14th. The shares were bought at an average cost of C$1.82 per share, with a total value of C$53,475.24. Following the transaction, the director directly owned 30,002 shares in the company, valued at approximately C$54,603.64. This trade represents a 4,739.03% increase in their position. Insiders have purchased 66,882 shares of company stock worth $114,871 over the last quarter. Insiders own 75.21% of the company's stock.
Petrus Resources Company Profile
(
Get Free Report)
Petrus Resources Ltd is a company that is engaged in the acquisition, development, exploration, and exploitation of energy business assets. The company receives maximum revenue from oil and natural gas. The company's core operating areas are Ferrier, Central Alberta, and the Rocky Mountain foothills.
See Also
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