Premier Oil plc (OTCMKTS:PMOIY – Get Free Report)’s stock price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $3.10 and traded as low as $2.50. Premier Oil shares last traded at $2.50, with a volume of 5,100 shares traded.
Premier Oil Stock Performance
The stock has a market cap of $2.31 billion, a P/E ratio of 14.71 and a beta of 2.77. The firm has a 50-day moving average price of $3.10 and a 200-day moving average price of $3.29.
About Premier Oil
Premier Oil plc, an oil and gas company, engages in the exploration, production, and development of oil and gas properties in the Falkland Islands, Indonesia, Vietnam, the United Kingdom, and internationally. As of December 31, 2019, its proved and probable reserves (2P) were 175 million barrels of oil equivalent (mmboe); and 2P and estimated contingent resources were 847 mmboe.
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