Petra Diamonds (LON:PDL) Hits New 52-Week Low at $31.10

Petra Diamonds Limited (LON:PDLGet Free Report) hit a new 52-week low on Tuesday . The company traded as low as GBX 31.10 ($0.40) and last traded at GBX 31.10 ($0.40), with a volume of 97886 shares changing hands. The stock had previously closed at GBX 32.50 ($0.42).

Petra Diamonds Stock Down 4.3 %

The stock’s 50 day simple moving average is GBX 39.36 and its two-hundred day simple moving average is GBX 42.91. The firm has a market cap of £60.40 million, a P/E ratio of -83.33, a P/E/G ratio of 0.17 and a beta of 1.48. The company has a debt-to-equity ratio of 103.61, a current ratio of 1.85 and a quick ratio of 3.52.

Insider Activity

In related news, insider José Manuel Vargas bought 1,500,000 shares of the company’s stock in a transaction that occurred on Friday, May 17th. The shares were bought at an average price of GBX 40 ($0.51) per share, for a total transaction of £600,000 ($771,803.45). Corporate insiders own 40.18% of the company’s stock.

About Petra Diamonds

(Get Free Report)

Petra Diamonds Limited, an investment holding company, engages in the mining, processing, sorting, and sale of rough diamonds in South Africa and Tanzania. It also provides treasury, beneficiation, and other services. Petra Diamonds Limited was incorporated in 1997 and is based in London, the United Kingdom.

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