Predator Oil & Gas (LON:PRD) Shares Down 15% – Here’s Why

Predator Oil & Gas Holdings Plc (LON:PRDGet Free Report) dropped 15% during trading on Tuesday . The company traded as low as GBX 3.06 ($0.04) and last traded at GBX 3.06 ($0.04). Approximately 3,848,023 shares were traded during mid-day trading, a decline of 35% from the average daily volume of 5,907,739 shares. The stock had previously closed at GBX 3.60 ($0.05).

Predator Oil & Gas Stock Down 1.6 %

The business’s fifty day moving average price is GBX 4.25 and its 200 day moving average price is GBX 6.13. The firm has a market capitalization of £20.14 million, a PE ratio of -3.55 and a beta of 2.02.

Predator Oil & Gas Company Profile

(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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