Petra Diamonds (LON:PDL) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

Shares of Petra Diamonds Limited (LON:PDLGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 32.41 ($0.40) and traded as low as GBX 31.10 ($0.39). Petra Diamonds shares last traded at GBX 31.60 ($0.39), with a volume of 6,736 shares trading hands.

Petra Diamonds Trading Up 0.3 %

The firm’s 50 day moving average is GBX 32.03 and its 200 day moving average is GBX 32.41. The company has a market cap of £61.37 million, a PE ratio of -95.76, a PEG ratio of 0.17 and a beta of 1.45. The company has a debt-to-equity ratio of 140.09, a current ratio of 1.32 and a quick ratio of 3.52.

About Petra Diamonds

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Petra Diamonds is a leading independent diamond mining group and a supplier of gem quality rough diamonds to the international market. The Company’s portfolio incorporates interests in three underground mines in South Africa (Cullinan Mine, Finsch and Koffiefontein) and one open pit mine in Tanzania (Williamson).

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