Nostra Terra Oil and Gas (LON:NTOG) Stock Price Up 21.2% – Here’s Why

Nostra Terra Oil and Gas Company plc (LON:NTOGGet Free Report) rose 21.2% during trading on Friday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 82,477,617 shares traded hands during trading, an increase of 272% from the average daily volume of 22,144,324 shares. The stock had previously closed at GBX 0.03 ($0.00).

Nostra Terra Oil and Gas Stock Performance

The stock’s 50 day moving average price is GBX 0.04 and its two-hundred day moving average price is GBX 0.07. 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 market capitalization of £1.04 million, a price-to-earnings ratio of -2.30 and a beta of 0.25.

About Nostra Terra Oil and Gas

(Get Free Report)

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.

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