Tlou Energy (LON:TLOU) Stock Price Down 6.8%

Tlou Energy Limited (LON:TLOUGet Free Report)’s stock price traded down 6.8% on Thursday . The stock traded as low as GBX 2 ($0.02) and last traded at GBX 2.05 ($0.03). 3,150,004 shares changed hands during mid-day trading, an increase of 624% from the average session volume of 435,290 shares. The stock had previously closed at GBX 2.20 ($0.03).

Tlou Energy Stock Performance

The stock has a 50-day simple moving average of GBX 2.07 and a 200-day simple moving average of GBX 1.78. The company has a debt-to-equity ratio of 21.24, a current ratio of 0.92 and a quick ratio of 5.21. The stock has a market cap of £21.60 million, a P/E ratio of -11.00 and a beta of 1.65.

About Tlou Energy

(Get Free Report)

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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