Touchstone Exploration (LON:TXP) Sets New 12-Month Low at $30.50

Touchstone Exploration Inc. (LON:TXPGet Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 30.50 ($0.39) and last traded at GBX 30.65 ($0.39), with a volume of 136095 shares changing hands. The stock had previously closed at GBX 30.75 ($0.39).

Wall Street Analysts Forecast Growth

TXP has been the topic of a number of research reports. Shore Capital reissued a “house stock” rating on shares of Touchstone Exploration in a research report on Wednesday, May 1st. Canaccord Genuity Group reaffirmed a “speculative buy” rating and set a GBX 100 ($1.27) target price on shares of Touchstone Exploration in a report on Thursday, April 11th.

View Our Latest Stock Report on Touchstone Exploration

Touchstone Exploration Trading Down 1.0 %

The business has a 50-day moving average of GBX 36.78 and a 200 day moving average of GBX 43.75. The firm has a market capitalization of £71.20 million, a PE ratio of -607.80 and a beta of 0.76.

Touchstone Exploration Company Profile

(Get Free Report)

Touchstone Exploration Inc engages in the exploration, development, acquisition, production, and sale of petroleum and natural gas properties in the Republic of Trinidad and Tobago. Its primary exploration focus is the Ortoire exploration block. The company was formerly known as Petrobank Energy and Resources Ltd.

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