Regal Petroleum (LON:RPT) Shares Down 2.7%

Shares of Regal Petroleum PLC (LON:RPT) traded down 2.7% during trading on Wednesday . The company traded as low as GBX 26.70 ($0.35) and last traded at GBX 27.25 ($0.36), 173,515 shares traded hands during trading. A decline of 53% from the average session volume of 370,528 shares. The stock had previously closed at GBX 28 ($0.37).

The company has a market capitalization of $92.66 million and a price-to-earnings ratio of 3.45. The business has a fifty day moving average price of GBX 30.83 and a 200 day moving average price of GBX 35.76. The company has a debt-to-equity ratio of 0.85, a current ratio of 15.43 and a quick ratio of 14.43.

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.

Further Reading: Lock-Up Period Expiration

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