Petrofac (LON:PFC) Hits New 52-Week Low After Insider Selling

Petrofac Limited (LON:PFCGet Free Report) shares hit a new 52-week low during trading on Monday after an insider sold shares in the company. The stock traded as low as GBX 4.72 ($0.06) and last traded at GBX 5.20 ($0.07), with a volume of 5961005 shares traded. The stock had previously closed at GBX 5.44 ($0.07).

Specifically, insider Afonso Reis e Sousa sold 5,657 shares of Petrofac stock in a transaction on Friday, April 4th. The shares were sold at an average price of GBX 5 ($0.06), for a total value of £282.85 ($361.42).

Petrofac Stock Performance

The stock’s 50-day moving average price is GBX 6.66 and its 200-day moving average price is GBX 9.62. The company has a current ratio of 0.68, a quick ratio of 1.31 and a debt-to-equity ratio of -148.69. The company has a market capitalization of £39.23 million, a P/E ratio of -0.07, a P/E/G ratio of -6.27 and a beta of 0.97.

About Petrofac

(Get Free Report)

Petrofac Limited designs, builds, manages, maintains, and decommissions infrastructure for the energy industries in the United Kingdom, Algeria, Lithuania, Malaysia, the United States, Thailand, Oman, Australia, Bahrain, Kuwait, Iraq, Libya, India, the United Arab Emirates, the Netherlands, Ivory Coast, and internationally.

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