FinnCap Reaffirms “Corporate” Rating for President Energy (LON:PPC)

FinnCap reaffirmed their corporate rating on shares of President Energy (LON:PPC) in a research note issued to investors on Monday morning, ThisIsMoney.Co.Uk reports.

Separately, Peel Hunt reiterated an add rating on shares of President Energy in a research note on Friday, November 1st.

Shares of LON PPC opened at GBX 4.05 ($0.05) on Monday. The firm has a market capitalization of $45.98 million and a P/E ratio of 13.50. The company has a debt-to-equity ratio of 19.31, a quick ratio of 0.51 and a current ratio of 0.51. President Energy has a one year low of GBX 2.25 ($0.03) and a one year high of GBX 9.33 ($0.12). The company’s fifty day moving average is GBX 3.45 and its two-hundred day moving average is GBX 4.79.

About President Energy

President Energy PLC engages in the exploration, evaluation, and production of oil and gas properties primarily in South America. The company holds interests in the Pirity and Hernandarias concessions located in the Pirity Sub-Basin in Paraguay; the CNO-8 Puesto Guardian, and Matorras and Ocultar licenses in Argentina; and the Las Bases and Puesto Prado Concessions in Rio Negro Province, Argentina.

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