Premier Oil (OTCMKTS:PMOIY) Hits New 1-Year High at $2.96

Shares of Premier Oil plc (OTCMKTS:PMOIYGet Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $2.96 and last traded at $2.96, with a volume of 151 shares trading hands. The stock had previously closed at $2.91.

Premier Oil Price Performance

The company has a market capitalization of $2.74 billion, a P/E ratio of 17.12 and a beta of 2.77. The company’s 50-day moving average price is $3.09 and its two-hundred day moving average price is $3.07.

About Premier Oil

(Get Free Report)

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.

Further Reading

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