Petra Diamonds Limited (LON:PDL – Get Rating)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 105.74 ($1.30) and traded as low as GBX 103 ($1.26). Petra Diamonds shares last traded at GBX 107 ($1.31), with a volume of 195,233 shares.
Wall Street Analyst Weigh In
Several brokerages recently commented on PDL. Berenberg Bank reaffirmed a “hold” rating on shares of Petra Diamonds in a research note on Thursday, July 7th. Barclays reaffirmed an “equal weight” rating on shares of Petra Diamonds in a research note on Monday, May 16th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2.85 ($0.03).
Petra Diamonds Price Performance
The company has a 50 day simple moving average of GBX 100.30 and a 200-day simple moving average of GBX 105.74. The stock has a market cap of £207.80 million and a price-to-earnings ratio of 314.71. The company has a current ratio of 4.97, a quick ratio of 3.55 and a debt-to-equity ratio of 102.36.
Insider Buying and Selling at Petra Diamonds
Petra Diamonds Company Profile
Petra Diamonds Limited engages in the mining, processing, sorting, and sale of rough diamonds in South Africa. It holds interest in three underground producing mines, including Cullinan, Finsch, and Koffiefontein mines located in South Africa. The company also provides treasury, beneficiation, and other services.
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