Tlou Energy Limited (LON:TLOU – Get Free Report) was down 15.4% during trading on Friday . The company traded as low as GBX 1.10 ($0.01) and last traded at GBX 1.10 ($0.01). Approximately 2,239,884 shares traded hands during trading, an increase of 519% from the average daily volume of 361,666 shares. The stock had previously closed at GBX 1.30 ($0.02).
Tlou Energy Stock Performance
The company has a market capitalization of £15.56 million, a price-to-earnings ratio of -11.00 and a beta of 1.74. The company’s fifty day simple moving average is GBX 1.46 and its two-hundred day simple moving average is GBX 1.79. The company has a debt-to-equity ratio of 20.32, a quick ratio of 5.21 and a current ratio of 1.50.
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.
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