Key Points
- Insider buying: Gavin Hugh Lothian Wilson acquired 200,000 PetroTal shares on August 17 at GBX 26 each, worth £52,000, following an identical £52,000 purchase on August 14.
- Stock metrics: PetroTal opened at GBX 27.18, with a market capitalization of approximately £250.13 million, a P/E ratio of 6.79, and a 52-week trading range of GBX 17.15 to GBX 39.80.
- Analyst outlook: Stifel Nicolaus reiterated a “Buy” rating and set a GBX 74 price target; PetroTal has a consensus “Buy” rating and a GBX 74 consensus target.
PetroTal Corp. (LON:PTAL - Get Free Report) insider Gavin Hugh Lothian Wilson acquired 200,000 shares of the firm's stock in a transaction on Monday, August 17th. The shares were acquired at an average price of GBX 26 per share, with a total value of £52,000.
Gavin Hugh Lothian Wilson also recently made the following trade(s):
- On Friday, August 14th, Gavin Hugh Lothian Wilson acquired 200,000 shares of PetroTal stock. The stock was acquired at an average cost of GBX 26 per share, with a total value of £52,000.
PetroTal Price Performance
PetroTal stock opened at GBX 27.18 on Thursday. The firm has a fifty day moving average of GBX 26.02 and a 200-day moving average of GBX 26.83. PetroTal Corp. has a 52-week low of GBX 17.15 and a 52-week high of GBX 39.80. The company has a quick ratio of 1.83, a current ratio of 3.10 and a debt-to-equity ratio of 13.90. The firm has a market capitalization of £250.13 million, a P/E ratio of 6.79 and a beta of 0.16.
Wall Street Analysts Forecast Growth
Separately, Stifel Nicolaus reiterated a "buy" rating and issued a GBX 74 price target on shares of PetroTal in a report on Thursday, May 7th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, PetroTal has a consensus rating of "Buy" and a consensus price target of GBX 74.
Read Our Latest Research Report on PTAL
PetroTal Company Profile
(
Get Free Report)
PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and OTCQX: PTALF) oil and gas development and production Company domiciled in Calgary, Alberta, focused on the development of oil assets in Peru.
PetroTal's flagship asset is its 100% working interest in Bretana oil field in Peru's Block 95 where oil production was initiated in June 2018. In early 2022, PetroTal became the largest crude oil producer in Peru. The Company's management team has significant experience in developing and exploring for oil in Peru and is led by a Board of Directors that is focused on safely and cost effectively developing the Bretana oil field.
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