Petro Matad (LON:MATD) Releases Earnings Results

Petro Matad (LON:MATDGet Free Report) issued its quarterly earnings results on Thursday. The company reported GBX (0.30) EPS for the quarter, Digital Look Earnings reports. Petro Matad had a negative net margin of 495.17% and a negative return on equity of 54.57%.

Petro Matad Stock Performance

LON:MATD traded down GBX 0.01 during trading hours on Thursday, reaching GBX 1.10. The company had a trading volume of 4,416,216 shares, compared to its average volume of 5,752,879. The firm has a market cap of £20.25 million, a price-to-earnings ratio of -1.62 and a beta of 0.54. The company has a current ratio of 2.32, a quick ratio of 16.91 and a debt-to-equity ratio of 0.22. The firm’s 50 day moving average price is GBX 1.27 and its 200-day moving average price is GBX 1.20. Petro Matad has a 52 week low of GBX 0.65 and a 52 week high of GBX 1.68.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group restated a “house stock” rating on shares of Petro Matad in a research report on Thursday.

View Our Latest Stock Report on MATD

Petro Matad Company Profile

(Get Free Report)

Petro Matad is a company focused on delivery of energy in Mongolia from both the hydrocarbon and renewables sectors.

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