President Energy (LON:PPC)‘s stock had its “add” rating reissued by research analysts at Peel Hunt in a research report issued to clients and investors on Monday, ThisIsMoney.Co.Uk reports.
Other equities research analysts have also recently issued research reports about the stock. FinnCap restated a “corporate” rating on shares of President Energy in a research report on Monday, September 30th. Peel Hunt restated an “add” rating and issued a GBX 10.50 ($0.14) price target on shares of President Energy in a research report on Wednesday, August 28th.
Shares of PPC opened at GBX 4.11 ($0.05) on Monday. The company’s fifty day moving average is GBX 4.57 and its 200 day moving average is GBX 6.63. President Energy has a fifty-two week low of GBX 3.70 ($0.05) and a fifty-two week high of GBX 10.35 ($0.14). The stock has a market capitalization of $45.06 million and a PE ratio of 13.69. The company has a debt-to-equity ratio of 19.31, a quick ratio of 0.51 and a current ratio of 0.51.
President Energy PLC engages in the exploration, evaluation, and production of oil and gas properties primarily in South America. The company holds interests in the Pirity and Hernandarias concessions located in the Pirity Sub-Basin in Paraguay; the CNO-8 Puesto Guardian, and Matorras and Ocultar licenses in Argentina; and the Las Bases and Puesto Prado Concessions in Rio Negro Province, Argentina.
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