PetroTal (LON:PTAL) Stock Price Down 1.5%

PetroTal Corp. (LON:PTAL)’s stock price dropped 1.5% during mid-day trading on Thursday . The stock traded as low as GBX 47.50 ($0.59) and last traded at GBX 48.25 ($0.60). Approximately 209,535 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 588,901 shares. The stock had previously closed at GBX 49 ($0.61).

PetroTal Trading Down 1.5 %

The company has a market cap of £441.70 million, a price-to-earnings ratio of 482.50 and a beta of 2.02. The business has a fifty day simple moving average of GBX 44.99 and a 200 day simple moving average of GBX 45.72. The company has a quick ratio of 1.83, a current ratio of 2.49 and a debt-to-equity ratio of 6.22.

PetroTal Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, March 15th. Investors of record on Wednesday, February 28th were paid a $0.02 dividend. This represents a dividend yield of 3.67%. The ex-dividend date was Wednesday, February 28th. PetroTal’s dividend payout ratio (DPR) is 6,000.00%.

About PetroTal

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.