Premier Oil plc (OTCMKTS:PMOIY – Get Free Report) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $2.91 and traded as low as $2.73. Premier Oil shares last traded at $2.73, with a volume of 101 shares changing hands.
Premier Oil Stock Performance
The company has a market capitalization of $2.19 billion, a price-to-earnings ratio of 13.94 and a beta of 2.77. The company has a fifty day simple moving average of $2.89 and a two-hundred day simple moving average of $3.19.
Premier Oil Company Profile
Premier Oil plc, an oil and gas company, engages in the exploration, production, and development of oil and gas properties in the Falkland Islands, Indonesia, Vietnam, the United Kingdom, and internationally. As of December 31, 2019, its proved and probable reserves (2P) were 175 million barrels of oil equivalent (mmboe); and 2P and estimated contingent resources were 847 mmboe.
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