President Energy PLC (PPC) Receives “Corporate” Rating from FinnCap
Separately, Peel Hunt reissued a buy rating and issued a GBX 10 ($0.13) price objective on shares of President Energy PLC in a research note on Thursday, September 21st.
Shares of President Energy PLC (PPC) traded down 7.353% during midday trading on Friday, hitting GBX 7.875. 200,000 shares of the stock traded hands. The company’s market cap is GBX 75.10 million. President Energy PLC has a 52-week low of GBX 5.42 and a 52-week high of GBX 12.75. The stock has a 50-day moving average of GBX 6.62 and a 200-day moving average of GBX 6.74.
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About President Energy PLC
President Energy PLC is engaged in the exploration for and the evaluation and production of oil and gas. Its segment includes the exploration and production of hydrocarbons. The Company has oil and gas production in two geographical markets: the United States and Argentina. It has exploration assets in Paraguay, Argentina, the United States and Australia.
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