Predator Oil & Gas (LON:PRD) Shares Climb 15% – Here’s What Happened

Shares of Predator Oil & Gas Holdings Plc (LON:PRD – Get Free Report) rose 15% on Monday. The stock traded as high as GBX 0.95 and last traded at GBX 0.92. Approximately 16,488,893 shares were traded during mid-day trading, an increase of 160% from the average daily volume of 6,345,391 shares. The stock had previously closed at GBX 0.80.

Predator Oil & Gas Price Performance

The stock’s 50 day simple moving average is GBX 2.55 and its 200-day simple moving average is GBX 3.12. The stock has a market capitalization of £8.19 million, a price-to-earnings ratio of -2.02 and a beta of 0.40.

About Predator Oil & Gas

(Get Free Report)

Predator Oil & Gas Holdings Plc, together with its subsidiaries, engages in the exploration, appraisal, and development of oil and gas assets in Africa, Europe, and the Caribbean. It owns a diversified portfolio of oil and gas interests comprising CO2 enhanced Oil Recovery project in Trinidad; 2 gas exploration and appraisal project in offshore Ireland; and gas exploration project in onshore Morocco. The company was incorporated in 2017 and is based in Saint Helier, Jersey.

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