Petro Matad Limited (LON:MATD – Get Free Report) shares dropped 7.8% during trading on Wednesday . The company traded as low as GBX 0.95 and last traded at GBX 0.95. Approximately 3,019,288 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 6,112,354 shares. The stock had previously closed at GBX 1.03.
Analysts Set New Price Targets
Separately, Shore Capital reaffirmed a “house stock” rating on shares of Petro Matad in a research note on Wednesday, November 5th.
Read Our Latest Report on Petro Matad
Petro Matad Stock Down 5.0%
About Petro Matad
Petro Matad is a company focused on delivery of energy in Mongolia from both the hydrocarbon and renewables sectors.
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