Petro Matad Limited (LON:MATD – Get Free Report) shares shot up 10.2% during mid-day trading on Thursday . The stock traded as high as GBX 1.50 and last traded at GBX 1.47. 18,555,568 shares changed hands during trading, an increase of 202% from the average session volume of 6,150,175 shares. The stock had previously closed at GBX 1.33.
Petro Matad Price Performance
The firm has a market cap of £26.95 million, a price-to-earnings ratio of -2.15 and a beta of 1.21. The company has a quick ratio of 16.91, a current ratio of 2.32 and a debt-to-equity ratio of 0.22. The company’s 50-day moving average price is GBX 1.24 and its 200-day moving average price is GBX 1.17.
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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