Petro Matad Limited (LON:MATD – Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1.87 ($0.02) and traded as low as GBX 1.42 ($0.02). Petro Matad shares last traded at GBX 1.47 ($0.02), with a volume of 7,980,629 shares trading hands.
Analysts Set New Price Targets
Separately, Shore Capital reissued a “house stock” rating on shares of Petro Matad in a research report on Thursday.
View Our Latest Research Report on Petro Matad
Petro Matad Price Performance
About Petro Matad
Petro Matad Limited, together with its subsidiaries, engages in the exploration, development, and production of oil in Mongolia. It holds 100% interests in production sharing contract blocks, including Ongi Block V that covers an area of approximately 7,937 square kilometers; and Matad Block XX that consists of an area of approximately 214 square kilometers in Mongolia.
See Also
- Five stocks we like better than Petro Matad
- What Are Dividends? Buy the Best Dividend Stocks
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- What is a Secondary Public Offering? What Investors Need to Know
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Receive News & Ratings for Petro Matad Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Petro Matad and related companies with MarketBeat.com's FREE daily email newsletter.
