PetroTal (LON:PTAL) Reaches New 1-Year Low – Should You Sell?

PetroTal Corp. (LON:PTAL)’s share price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 20.50 and last traded at GBX 20.50, with a volume of 1440773 shares changing hands. The stock had previously closed at GBX 21.60.

Analysts Set New Price Targets

Separately, Peel Hunt reissued an “under review” rating on shares of PetroTal in a research report on Thursday, November 13th.

PetroTal Stock Performance

The company has a current ratio of 2.10, a quick ratio of 1.83 and a debt-to-equity ratio of 5.12. The stock has a market cap of £187.42 million, a price-to-earnings ratio of 2.56 and a beta of 1.90. The stock’s 50 day moving average is GBX 32.53 and its two-hundred day moving average is GBX 34.64.

PetroTal Company Profile

PetroTal is a publicly traded, tri?quoted (TSX: TAL, AIM: PTAL and OTCQX: PTALF) oil and gas development and production Company domiciled in Calgary, Alberta, focused on the development of oil assets in Peru.

PetroTal’s flagship asset is its 100% working interest in Bretana oil field in Peru’s Block 95 where oil production was initiated in June 2018.