Petrofac (LON:PFC) Trading Down 8.2% – Here’s Why

Petrofac Limited (LON:PFCGet Free Report)’s stock price dropped 8.2% on Thursday . The stock traded as low as GBX 4.96 ($0.06) and last traded at GBX 5.10 ($0.07). Approximately 2,060,438 shares were traded during trading, a decline of 8% from the average daily volume of 2,237,988 shares. The stock had previously closed at GBX 5.55 ($0.07).

Petrofac Stock Performance

The company has a debt-to-equity ratio of -148.69, a quick ratio of 1.31 and a current ratio of 0.68. The company has a fifty day moving average of GBX 7.16 and a two-hundred day moving average of GBX 10.40. The firm has a market capitalization of £34.47 million, a price-to-earnings ratio of -0.06, a PEG ratio of -6.27 and a beta of 0.97.

Petrofac Company Profile

(Get Free Report)

Petrofac Limited designs, builds, manages, maintains, and decommissions infrastructure for the energy industries in the United Kingdom, Algeria, Lithuania, Malaysia, the United States, Thailand, Oman, Australia, Bahrain, Kuwait, Iraq, Libya, India, the United Arab Emirates, the Netherlands, Ivory Coast, and internationally.

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