Tlou Energy Limited (LON:TLOU – Get Free Report)’s share price dropped 3.8% on Monday . The company traded as low as GBX 1.20 ($0.02) and last traded at GBX 1.25 ($0.02). Approximately 1,018,795 shares traded hands during mid-day trading, an increase of 187% from the average daily volume of 355,175 shares. The stock had previously closed at GBX 1.30 ($0.02).
Tlou Energy Trading Down 4.0 %
The firm has a market cap of £15.24 million, a P/E ratio of -11.00 and a beta of 1.74. The company’s 50 day simple moving average is GBX 1.59 and its 200-day simple moving average is GBX 1.88. The company has a quick ratio of 5.21, a current ratio of 1.50 and a debt-to-equity ratio of 20.32.
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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