Shares of President Energy PLC (LON:PPC) rose 7.4% during trading on Wednesday . The company traded as high as GBX 10.35 ($0.14) and last traded at GBX 10.10 ($0.13). Approximately 2,724,155 shares traded hands during mid-day trading, an increase of 390% from the average daily volume of 556,114 shares. The stock had previously closed at GBX 9.40 ($0.12).

PPC has been the topic of a number of analyst reports. Peel Hunt reissued a “buy” rating on shares of President Energy in a research report on Tuesday. FinnCap reaffirmed a “corporate” rating on shares of President Energy in a research report on Monday, October 29th.

COPYRIGHT VIOLATION NOTICE: This article was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this article on another site, it was illegally stolen and reposted in violation of U.S. and international copyright legislation. The original version of this article can be viewed at

About President Energy (LON:PPC)

President Energy PLC engages in the exploration, evaluation, and production of oil and gas properties primarily in South America. The company holds interests in the Pirity and Hernandarias concessions located in the Pirity Sub-Basin in Paraguay; and the CNO-8 Puesto Guardian, and Matorras and Ocultar licenses in Argentina.

Read More: Do stock splits help investors?

Receive News & Ratings for President Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for President Energy and related companies with's FREE daily email newsletter.