Nostra Terra Oil and Gas (LON:NTOG) Stock Price Down 4.4% – Here’s Why

Nostra Terra Oil and Gas Company plc (LON:NTOG)’s share price was down 4.4% on Thursday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 1,800,000 shares were traded during trading, a decline of 92% from the average daily volume of 22,115,797 shares. The stock had previously closed at GBX 0.05 ($0.00).

Nostra Terra Oil and Gas Stock Down 11.1 %

The company has a current ratio of 0.60, a quick ratio of 0.55 and a debt-to-equity ratio of 437.14. The firm has a 50 day simple moving average of GBX 0.05 and a two-hundred day simple moving average of GBX 0.08. The company has a market capitalization of £1.04 million, a PE ratio of -2.30 and a beta of 0.25.

About Nostra Terra Oil and Gas

Nostra Terra Oil and Gas Company plc, together with its subsidiaries, engages in the exploitation of hydrocarbon resources in the United States. Its principal asset is the 100% owned Mesquite asset, which covers an area of 1,984 net acres located on the Eastern Shelf of the Permian Basin, Texas. It also holds a 100% working interest (WI) in pine mills oilfield and caballos creek oilfield; 32.5% WI in e Cypress farmout area of pine mills; and 50-100% WI leases located in the Permian Basin.