Shares of Tlou Energy Limited (LON:TLOU – Get Free Report) were down 6.8% during mid-day trading on Thursday . The company traded as low as GBX 2 ($0.02) and last traded at GBX 2.05 ($0.03). Approximately 3,150,004 shares traded hands during mid-day trading, an increase of 624% from the average daily volume of 435,290 shares. The stock had previously closed at GBX 2.20 ($0.03).
Tlou Energy Stock Down 2.4 %
The company has a debt-to-equity ratio of 21.24, a quick ratio of 5.21 and a current ratio of 0.92. The company has a market cap of £21.60 million, a price-to-earnings ratio of -11.00 and a beta of 1.65. The business’s 50 day simple moving average is GBX 2.07 and its 200-day simple moving average is GBX 1.78.
Tlou Energy Company Profile
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.
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