PetroTal (LON:PTAL) Hits New 52-Week Low – What’s Next?

PetroTal Corp. (LON:PTAL)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 31 ($0.39) and last traded at GBX 31.46 ($0.40), with a volume of 2319176 shares. The stock had previously closed at GBX 32.50 ($0.41).

PetroTal Stock Down 3.2 %

The company’s fifty day moving average price is GBX 36.11 and its 200-day moving average price is GBX 38.73. The stock has a market cap of £287.61 million, a P/E ratio of 295.45 and a beta of 1.90. The company has a debt-to-equity ratio of 5.22, a quick ratio of 1.83 and a current ratio of 2.55.

PetroTal Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were issued a $0.02 dividend. The ex-dividend date was Friday, November 29th. This represents a dividend yield of 3.22%. PetroTal’s dividend payout ratio (DPR) is presently 4,545.45%.

PetroTal Company Profile

PetroTal Corp. engages in the development and exploration of oil and natural gas in Peru, South America. Its flagship property is the Bretana oil field located in the Maranon Basin of northern Peru. The company was formerly known as Sterling Resources Ltd. and changed its name to PetroTal Corp. in June 2018.