Petro Matad (LON:MATD) Issues Earnings Results

Petro Matad (LON:MATDGet Free Report) posted its earnings results on Thursday. The company reported GBX (0.30) EPS for the quarter, Digital Look Earnings reports. Petro Matad had a negative net margin of 495.17% and a negative return on equity of 54.57%.

Petro Matad Stock Performance

Shares of LON MATD traded down GBX 0.01 during midday trading on Thursday, reaching GBX 1.10. The company had a trading volume of 4,416,216 shares, compared to its average volume of 5,752,879. Petro Matad has a 1 year low of GBX 0.65 and a 1 year high of GBX 1.68. The business’s 50-day simple moving average is GBX 1.27 and its 200 day simple moving average is GBX 1.20. The company has a current ratio of 2.32, a quick ratio of 16.91 and a debt-to-equity ratio of 0.22. The stock has a market cap of £20.25 million, a P/E ratio of -1.62 and a beta of 0.54.

Analyst Ratings Changes

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Petro Matad in a report on Thursday.

Check Out Our Latest Report on Petro Matad

About Petro Matad

(Get Free Report)

Petro Matad is a company focused on delivery of energy in Mongolia from both the hydrocarbon and renewables sectors.

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