Petro Matad (LON:MATD) Posts Quarterly Earnings Results

Petro Matad (LON:MATDGet Free Report) released its quarterly 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 Price Performance

MATD stock opened at GBX 1.15 on Friday. 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 company has a market capitalization of £21.15 million, a PE ratio of -1.69 and a beta of 0.54. Petro Matad has a 12-month low of GBX 0.65 and a 12-month high of GBX 1.68. The business’s fifty day moving average price is GBX 1.27 and its 200 day moving average price is GBX 1.20.

Analysts Set New Price Targets

Separately, Shore Capital Group reissued a “house stock” rating on shares of Petro Matad in a research note on Thursday.

View Our Latest Stock Report on MATD

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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