Premier Oil plc (OTCMKTS:PMOIY – Get Free Report) shares reached a new 52-week high during trading on Monday . The stock traded as high as $3.54 and last traded at $3.54, with a volume of 10978 shares changing hands. The stock had previously closed at $3.54.
Premier Oil Stock Performance
The firm has a 50 day simple moving average of $3.62 and a two-hundred day simple moving average of $3.75. The stock has a market cap of $3.28 billion, a P/E ratio of 20.82 and a beta of 2.77.
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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