Predator Oil & Gas (LON:PRD) Shares Up 5.9% – Here’s Why

Predator Oil & Gas Holdings Plc (LON:PRDGet Free Report) shot up 5.9% during trading on Tuesday . The company traded as high as GBX 3.80 ($0.05) and last traded at GBX 3.60 ($0.05). 962,557 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 4,433,006 shares. The stock had previously closed at GBX 3.40 ($0.05).

Predator Oil & Gas Price Performance

The company has a market capitalization of £25.51 million, a price-to-earnings ratio of -4.50 and a beta of 2.02. The business’s 50 day simple moving average is GBX 3.10 and its 200 day simple moving average is GBX 4.50.

Predator Oil & Gas Company Profile

(Get Free Report)

Predator Oil & Gas Holdings Plc, together with its subsidiaries, engages in the exploration, appraisal, and development of oil and gas assets in Africa, Europe, and the Caribbean. It owns a diversified portfolio of oil and gas interests comprising CO2 enhanced Oil Recovery project in Trinidad; 2 gas exploration and appraisal project in offshore Ireland; and gas exploration project in onshore Morocco.

Further Reading

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