TransAtlantic Petroleum Ltd. (TAT) Drops 7.09% on January 06

Equities Staff |

TransAtlantic Petroleum Ltd. (TAT) was one of the Russell 2000's biggest losers for Wednesday January 06 as the stock slid 7.09% to $1.18, a loss of $-0.09 per share. Starting at an opening price of $1.25 a share, the stock traded between $1.18 and $1.25 over the course of the trading day. Volume was 12,765 shares over 76 trades, against an average daily volume of 80,295 shares and a total float of 41.01 million.

The losses send TransAtlantic Petroleum Ltd. down to a market cap of $48.39 million. In the last year, TransAtlantic Petroleum Ltd. has traded between $6.18 and $1.02, and its 50-day SMA is currently $1.68 and 200-day SMA is $3.67.

The stock has a P/E Ratio of 18.7.

TransAtlantic Petroleum Ltd is an oil and natural gas company. It is engaged in acquisition, exploration, development and production.

TransAtlantic Petroleum Ltd. is based out of Addison, TX and has some 719 employees. Its CEO is N. Mitchell.

For a complete fundamental analysis analysis of TransAtlantic Petroleum Ltd., check out Equities.com’s Stock Valuation Analysis report for TAT. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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