Insider Selling: Petrofac Limited (LON:PFC) Insider Sells 27,811 Shares of Stock

Petrofac Limited (LON:PFC) insider Afonso Reis e Sousa sold 27,811 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of GBX 14 ($0.19), for a total value of £3,893.54 ($5,208.05).

Petrofac Price Performance

PFC opened at GBX 14 ($0.19) on Friday. The company has a current ratio of 0.72, a quick ratio of 1.31 and a debt-to-equity ratio of 900.89. The company has a market cap of £73.09 million, a price-to-earnings ratio of -19.18, a price-to-earnings-growth ratio of -6.27 and a beta of 0.97. The stock has a fifty day simple moving average of GBX 15.83 and a two-hundred day simple moving average of GBX 16.39. Petrofac Limited has a 12-month low of GBX 8.28 ($0.11) and a 12-month high of GBX 73.55 ($0.98).

About Petrofac

Petrofac Limited designs, builds, manages, and maintains infrastructure for the energy industries in the United Kingdom, Algeria, Thailand, Oman, Kuwait, Iraq, the United Arab Emirates, the Netherlands, and internationally. It operates through three segments: Engineering & Construction (E&C); Asset Solutions; and Integrated Energy Services (IES).