Petro Matad Limited (LON:MATD – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1.80 ($0.02) and traded as high as GBX 2 ($0.03). Petro Matad shares last traded at GBX 1.91 ($0.02), with a volume of 2,114,969 shares.
Analyst Ratings Changes
Separately, Shore Capital reissued a “house stock” rating on shares of Petro Matad in a report on Thursday, March 13th.
Check Out Our Latest Stock Report on MATD
Petro Matad Trading Up 0.5 %
Petro Matad Company Profile
Petro Matad Limited, together with its subsidiaries, engages in the exploration, development, and production of oil in Mongolia. It holds 100% interests in production sharing contract blocks, including Ongi Block V that covers an area of approximately 7,937 square kilometers; and Matad Block XX that consists of an area of approximately 214 square kilometers in Mongolia.
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