Petra Diamonds (LON:PDL) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

Petra Diamonds Limited (LON:PDLGet Free Report)’s stock price passed 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.

Petra Diamonds Trading Up 0.3 %

The company has a quick ratio of 3.52, a current ratio of 1.32 and a debt-to-equity ratio of 140.09. The firm has a 50 day moving average of GBX 32.03 and a 200 day moving average of GBX 32.35. The firm has a market cap of £61.37 million, a PE ratio of -95.76, a P/E/G ratio of 0.17 and a beta of 1.45.

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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