Pennpetro Energy (LON:PPP) Reaches New 52-Week High – Should You Buy?

Pennpetro Energy Plc (LON:PPPGet Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 9 and last traded at GBX 9, with a volume of 640882 shares. The stock had previously closed at GBX 9.32.

Pennpetro Energy Trading Down 3.4%

The company has a quick ratio of 0.27, a current ratio of 0.46 and a debt-to-equity ratio of 699.01. The firm has a market cap of £9.57 million, a PE ratio of -1.00 and a beta of 2.08.

Pennpetro Energy Company Profile

(Get Free Report)

Pennpetro Energy Plc engages in onshore oil and gas exploration and production in the United States. Its principal property is the undeveloped central portion of the Gonzales oil field that consists of leasehold petroleum mineral interests with approximately 1,000 leases covering an area of 2,500 acres located in the City of Gonzales, Texas. The company was incorporated in 2016 and is based in London, the United Kingdom.

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