Westmount Energy (LON:WTE) Trading 15.8% Higher – Should You Buy?

Shares of Westmount Energy Limited (LON:WTEGet Free Report) shot up 15.8% during mid-day trading on Thursday . The company traded as high as GBX 7.50 and last traded at GBX 7.50. 7,057,722 shares changed hands during mid-day trading, an increase of 41% from the average session volume of 4,998,794 shares. The stock had previously closed at GBX 6.48.

Westmount Energy Price Performance

The firm has a 50-day simple moving average of GBX 3.40 and a two-hundred day simple moving average of GBX 2.09. The company has a market cap of £10.44 million, a PE ratio of -19.08 and a beta of 0.53.

Westmount Energy (LON:WTEGet Free Report) last released its quarterly earnings data on Wednesday, November 19th. The company reported GBX (0.38) earnings per share for the quarter.

Westmount Energy Company Profile

(Get Free Report)

Westmount Energy Limited is a venture capital firm specializing in seed capital to small medium sized companies. The firm invests in Guyana-Suriname Basin regions. Westmount Energy Limited was incorporated in October 1, 1992 and is based in Saint Helier, Jersey.

Further Reading

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