TransGlobe Energy (TSE:TGL) Shares Down 0.4%

TransGlobe Energy Co. (TSE:TGLGet Free Report) (NYSE:TGA)’s stock price fell 0.4% on Monday . The company traded as low as C$4.91 and last traded at C$5.06. 384,763 shares changed hands during mid-day trading, an increase of 257% from the average session volume of 107,897 shares. The stock had previously closed at C$5.08.

TransGlobe Energy Stock Performance

The stock has a 50-day moving average price of C$5.06. The company has a debt-to-equity ratio of 2.14, a quick ratio of 2.17 and a current ratio of 2.26. The firm has a market capitalization of C$370.90 million, a price-to-earnings ratio of 2.18, a PEG ratio of 1.46 and a beta of 2.40.

TransGlobe Energy Company Profile

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TransGlobe Energy Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and production of crude oil and natural gas in Egypt and Canada. The company holds interests in four production sharing concessions, which include West Gharib, West Bakr, NW Gharib, and South Ghazalat, Egypt; and owns production and working interests in facilities in the Cardium light oil and Mannville liquid-rich gas assets in the Harmattan area of west central Alberta, Canada.

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