Tlou Energy (LON:TLOU) Stock Crosses Below 50 Day Moving Average of $2.08

Tlou Energy Limited (LON:TLOUGet Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 2.08 ($0.03) and traded as low as GBX 1.86 ($0.02). Tlou Energy shares last traded at GBX 1.97 ($0.03), with a volume of 333,366 shares changing hands.

Tlou Energy Price Performance

The company has a debt-to-equity ratio of 21.24, a current ratio of 0.92 and a quick ratio of 5.21. The stock has a market capitalization of £25.02 million, a price-to-earnings ratio of -11.00 and a beta of 1.63. The stock has a 50 day moving average price of GBX 2.08 and a 200-day moving average price of GBX 1.84.

About Tlou Energy

(Get Free Report)

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.

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