Nostra Terra Oil and Gas (LON:NTOG) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

Nostra Terra Oil and Gas Company plc (LON:NTOG) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 0.02 and traded as low as GBX 0.02. Nostra Terra Oil and Gas shares last traded at GBX 0.02, with a volume of 70,297,672 shares trading hands.

Nostra Terra Oil and Gas Stock Down 5.3%

The firm’s fifty day moving average is GBX 0.02 and its two-hundred day moving average is GBX 0.02. The firm has a market cap of £468,000.00, a price-to-earnings ratio of -2.30 and a beta of 0.25. The company has a debt-to-equity ratio of 437.14, a current ratio of 0.60 and a quick ratio of 0.55.

About Nostra Terra Oil and Gas

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. The company was incorporated in 2005 and is headquartered in London, the United Kingdom.