Regal Petroleum PLC (LON:RPT) was up 7.6% during mid-day trading on Friday . The company traded as high as GBX 41.50 ($0.54) and last traded at GBX 41 ($0.54). Approximately 240,681 shares changed hands during trading, a decline of 35% from the average daily volume of 370,528 shares. The stock had previously closed at GBX 38.10 ($0.50).
The firm has a market cap of $133.07 million and a price-to-earnings ratio of 3.22.
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Regal Petroleum plc, an independent oil and gas company, explores for, develops, and produces oil and gas in Ukraine. It owns and operates a 100% production license in three gas and condensate fields in north-eastern comprising the Mekhediviska-Golotvschinska and Svyrydivske fields, as well as the Vasyschevskoye field.
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