Wildcat Petroleum (LON:WCAT) Shares Up 10% – Time to Buy?

Wildcat Petroleum Plc (LON:WCAT)’s stock price rose 10% during mid-day trading on Wednesday . The stock traded as high as GBX 0.04 and last traded at GBX 0.04. Approximately 11,017,059 shares traded hands during mid-day trading, an increase of 96% from the average daily volume of 5,609,169 shares. The stock had previously closed at GBX 0.04.

Wildcat Petroleum Stock Up 10.0%

The company has a market capitalization of £1.32 million, a PE ratio of -4.40 and a beta of 0.04. The firm’s 50 day simple moving average is GBX 0.06 and its 200 day simple moving average is GBX 0.07.

About Wildcat Petroleum

Wildcat Petroleum Plc invests in the upstream sector of the petroleum industry. It focuses on the exploration, appraisal, development, and production of oil and gas. Wildcat Petroleum Plc was incorporated in 2020 and is based in London, the United Kingdom.