Regal Petroleum (LON:RPT) Shares Down 6.9%

Regal Petroleum PLC (LON:RPT)’s stock price traded down 6.9% during trading on Wednesday . The company traded as low as GBX 39 ($0.51) and last traded at GBX 39.55 ($0.52), 150,376 shares traded hands during trading. A decline of 59% from the average session volume of 370,528 shares. The stock had previously closed at GBX 42.50 ($0.56).

The firm has a market cap of $128.90 million and a PE ratio of 2.38. The firm’s 50-day moving average price is GBX 38.75.

About Regal Petroleum (LON:RPT)

Regal Petroleum plc, an independent oil and gas company, explores for, develops, and produces oil and gas in Ukraine. It owns and operates a 100% production license in three gas and condensate fields in north-eastern comprising the Mekhediviska-Golotvschinska and Svyrydivske fields, as well as the Vasyschevskoye field.

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