OREANDA-NEWS.  September 23, 2014. Shares of PetroChina Company Limited (NYSE:PTR) hit a new 52-week high during mid-day trading, Analyst Ratings.Net reports.

The company traded as high as USD 150.80 and last traded at USD149.58, with a volume of 69,546 shares trading hands. The stock had previously closed at USD 148.17.

A number of research firms have recently commented on PTR. Analysts at Societe Generale downgraded shares of PetroChina Company Limited from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 30th. Analysts at Macquarie upgraded shares of PetroChina Company Limited from a “neutral” rating to an “outperform” rating in a research note on Monday, June 23rd. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. PetroChina Company Limited presently has a consensus rating of “Buy”.

The stock’s 50-day moving average is USD 137.0 and its 200-day moving average is USD 120.2. The company has a market cap of USD 273.6 billion and a price-to-earnings ratio of 12.56.

The company also recently declared a semiannual dividend, which is scheduled for Thursday, October 9th. Investors of record on Thursday, September 11th will be given a dividend of \\$2.7181 per share. This represents a yield of 3.77%. The ex-dividend date of this dividend is Tuesday, September 9th.

PetroChina Company Limited is mainly engaged in the production and sale of oil and gas related products.