Nostra Terra Oil and Gas (LON:NTOG) Shares Down 36.8% – Here’s Why

Nostra Terra Oil and Gas Company plc (LON:NTOGGet Free Report) dropped 36.8% on Thursday . The stock traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 229,154,266 shares were traded during trading, an increase of 790% from the average daily volume of 25,755,721 shares. The stock had previously closed at GBX 0.04 ($0.00).

Nostra Terra Oil and Gas Price Performance

The business has a 50-day simple moving average of GBX 0.04 and a 200-day simple moving average of GBX 0.07. The company has a debt-to-equity ratio of 437.14, a quick ratio of 0.55 and a current ratio of 0.60. The company has a market cap of £592,800.00, 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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