Shares of Tlou Energy Limited (LON:TLOU – Get Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 1.91 ($0.02) and traded as low as GBX 1.74 ($0.02). Tlou Energy shares last traded at GBX 1.75 ($0.02), with a volume of 440,660 shares traded.
Tlou Energy Stock Down 2.8 %
The company has a current ratio of 0.92, a quick ratio of 5.21 and a debt-to-equity ratio of 21.24. The stock has a 50-day simple moving average of GBX 1.91 and a 200-day simple moving average of GBX 1.92. The company has a market cap of £22.23 million, a price-to-earnings ratio of -11.00 and a beta of 1.63.
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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