Tlou Energy Limited (LON:TLOU – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 0.70 ($0.01) and traded as low as GBX 0.60 ($0.01). Tlou Energy shares last traded at GBX 0.61 ($0.01), with a volume of 1,709,429 shares.
Tlou Energy Trading Down 12.9 %
The firm has a market cap of £7.75 million, a price-to-earnings ratio of -11.00 and a beta of 1.74. The company has a debt-to-equity ratio of 20.32, a current ratio of 1.50 and a quick ratio of 5.21. The business has a 50-day moving average of GBX 0.70 and a 200-day moving average of GBX 1.23.
Insider Buying and Selling at Tlou Energy
In other news, insider Hugh Swire purchased 3,050,000 shares of the company’s stock in a transaction on Wednesday, November 6th. The shares were purchased at an average cost of GBX 1 ($0.01) per share, with a total value of £30,500 ($37,109.14). Corporate insiders own 54.33% of the company’s stock.
About Tlou Energy
Tlou Energy Limited explores for, evaluates, and develops coalbed methane (CBM) resources in Southern Africa. The company owns 100% interests in the Lesedi CBM project, Mamba, and Boomslang projects. It is also involved in development of gas-fired power, solar power, and hydrogen projects. Tlou Energy Limited was incorporated in 2009 and is based in Brisbane, Australia.
Featured Stories
- Five stocks we like better than Tlou Energy
- Retail Stocks Investing, Explained
- Top ETFs That Beat the Market in 2024 and Could Do It Again
- Want to Profit on the Downtrend? Downtrends, Explained.
- J.B. Hunt Leads Truckers Lower: Buy Them While They’re Down?
- Canadian Penny Stocks: Can They Make You Rich?
- MarketBeat Week in Review – 01/13 – 01/17
Receive News & Ratings for Tlou Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tlou Energy and related companies with MarketBeat.com's FREE daily email newsletter.
