Petrofac (LON:PFC) Hits New 12-Month Low on Insider Selling

Petrofac Limited (LON:PFCGet Free Report) shares reached a new 52-week low during trading on Monday following insider selling activity. The company traded as low as GBX 4.72 ($0.06) and last traded at GBX 5.20 ($0.07), with a volume of 5961005 shares. The stock had previously closed at GBX 5.44 ($0.07).

Specifically, insider Afonso Reis e Sousa sold 5,657 shares of the firm’s stock in a transaction on Friday, April 4th. The shares were sold at an average price of GBX 5 ($0.06), for a total transaction of £282.85 ($361.42).

Petrofac Trading Up 11.5 %

The company has a market capitalization of £39.23 million, a PE ratio of -0.07, a PEG ratio of -6.27 and a beta of 0.97. The company has a current ratio of 0.68, a quick ratio of 1.31 and a debt-to-equity ratio of -148.69. The business’s 50-day simple moving average is GBX 6.66 and its two-hundred day simple moving average is GBX 9.62.

Petrofac Company Profile

(Get Free Report)

Petrofac Limited designs, builds, manages, maintains, and decommissions infrastructure for the energy industries in the United Kingdom, Algeria, Lithuania, Malaysia, the United States, Thailand, Oman, Australia, Bahrain, Kuwait, Iraq, Libya, India, the United Arab Emirates, the Netherlands, Ivory Coast, and internationally.

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