Predator Oil & Gas (LON:PRD) Shares Down 16.3% – Here’s Why

Shares of Predator Oil & Gas Holdings Plc (LON:PRDGet Free Report) traded down 16.3% during mid-day trading on Monday . The stock traded as low as GBX 2.70 ($0.03) and last traded at GBX 3 ($0.04). 5,301,445 shares were traded during trading, an increase of 9% from the average session volume of 4,870,126 shares. The stock had previously closed at GBX 3.58 ($0.05).

Predator Oil & Gas Stock Down 16.3 %

The firm has a fifty day moving average price of GBX 4.87 and a 200-day moving average price of GBX 6.51. The firm has a market cap of £20.14 million, a price-to-earnings ratio of -3.55 and a beta of 2.02.

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.

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