TransAtlantic Petroleum Ltd (TSE:TNP) (NYSE:TAT)’s share price dropped 7% during trading on Tuesday . The company traded as low as C$1.86 and last traded at C$1.86. Approximately 2,900 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 21,401 shares. The stock had previously closed at C$2.00.
The stock has a market capitalization of $100.15, a P/E ratio of -2.72 and a beta of 1.31.
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About TransAtlantic Petroleum
TransAtlantic Petroleum Ltd. is a holding company. The Company is an international oil and natural gas company engaged in acquisition, exploration, development and production. Its segments include Turkey and Bulgaria. The Company holds interests in approximately 880,000 and 567,000 net acres of developed and undeveloped oil and natural gas properties in Turkey and Bulgaria, respectively.
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