President Energy PLC (LON:PPC) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 10.88 ($0.14) and last traded at GBX 10.88 ($0.14), with a volume of 2,411,051 shares trading hands. The stock had previously closed at GBX 10 ($0.13).

PPC has been the topic of several recent research reports. Peel Hunt reaffirmed a “buy” rating and issued a GBX 10 ($0.13) target price on shares of President Energy PLC in a research note on Thursday, September 21st. FinnCap reiterated a “corporate” rating and issued a GBX 21 ($0.28) price target on shares of President Energy PLC in a research report on Tuesday.

The stock’s market cap is GBX 95.36 million. The firm’s 50 day moving average price is GBX 7.81 and its 200 day moving average price is GBX 7.09.

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About President Energy PLC

President Energy PLC is engaged in the exploration for and the evaluation and production of oil and gas. Its segment includes the exploration and production of hydrocarbons. The Company has oil and gas production in two geographical markets: the United States and Argentina. It has exploration assets in Paraguay, Argentina, the United States and Australia.

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