Nostra Terra Oil and Gas (LON:NTOG) Shares Cross Below Fifty Day Moving Average of $1.99
Nostra Terra Oil and Gas Company plc (LON:NTOG) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $1.99 and traded as low as $1.80. Nostra Terra Oil and Gas shares last traded at $1.83, with a volume of 330,442 shares changing hands.
The company has a quick ratio of 0.14, a current ratio of 0.61 and a debt-to-equity ratio of 8,075.00. The stock’s 50-day simple moving average is GBX 1.97. The stock has a market capitalization of $3.60 million and a price-to-earnings ratio of -3.04.
In related news, insider Kristian (Ewen) Ainsworth purchased 234,808 shares of the business’s stock in a transaction dated Wednesday, May 1st. The shares were acquired at an average cost of GBX 2 ($0.03) per share, for a total transaction of £4,696.16 ($6,136.36).
Nostra Terra Oil and Gas Company plc engages in the exploitation and production of hydrocarbon resources in the Mid-Continent region of the United States and Egypt. The company holds 100% interests in the White Buffalo prospect covering an area of 6,000 mineral acres located in the Big Horn Basin, Wyoming; and 16.25% interests in the Verde prospect unit located in Colorado, as well as a 100% working interests in the Pine Mills project and the Mesquite prospect, and 50-75% working interests in other prospects in the Permian Basin located in Texas.
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