Tlou Energy Limited (LON:TLOU) Insider Hugh Swire Buys 3,050,000 Shares

Tlou Energy Limited (LON:TLOU) insider Hugh Swire purchased 3,050,000 shares of the company’s stock in a transaction on Wednesday, November 6th. The stock was purchased at an average price of GBX 1 ($0.01) per share, with a total value of £30,500 ($39,703.20).

Tlou Energy Trading Up 7.7 %

TLOU stock opened at GBX 0.70 ($0.01) on Friday. The company has a debt-to-equity ratio of 20.32, a current ratio of 1.50 and a quick ratio of 5.21. Tlou Energy Limited has a 12 month low of GBX 0.60 ($0.01) and a 12 month high of GBX 2.55 ($0.03). The firm’s 50-day moving average is GBX 1.27 and its 200 day moving average is GBX 1.69. The company has a market capitalization of £8.89 million, a PE ratio of -11.00 and a beta of 1.74.

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.