Bahamas Petroleum (LON:BPC) Shares Down 8.5% – Here’s Why

Bahamas Petroleum Company plc (LON:BPCGet Free Report) traded down 8.5% during mid-day trading on Monday . The company traded as low as GBX 0.31 ($0.00) and last traded at GBX 0.33 ($0.00). 182,969,266 shares changed hands during trading, an increase of 239% from the average session volume of 53,898,750 shares. The stock had previously closed at GBX 0.36 ($0.00).

Bahamas Petroleum Stock Down 8.5 %

The business has a fifty day moving average of GBX 0.32 and a 200 day moving average of GBX 0.33. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.84 and a quick ratio of 3.82. The stock has a market capitalization of £16.21 million and a price-to-earnings ratio of -1.63.

About Bahamas Petroleum

(Get Free Report)

Bahamas Petroleum Company plc engages in the oil and gas exploration activities in the Commonwealth of the Bahamas. Bahamas Petroleum Company plc was founded in 2005 and is headquartered in Douglas, the United Kingdom.

Read More

Receive News & Ratings for Bahamas Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bahamas Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.