Westmount Energy (LON:WTE) Share Price Passes Below 50 Day Moving Average – Should You Sell?

Westmount Energy Limited (LON:WTE)’s share price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 5.19 and traded as low as GBX 5. Westmount Energy shares last traded at GBX 5.12, with a volume of 148,305 shares.

Westmount Energy Trading Down 6.9%

The stock’s 50-day simple moving average is GBX 5.19 and its 200-day simple moving average is GBX 3.13. The stock has a market cap of £7.38 million, a price-to-earnings ratio of -13.47 and a beta of 0.53.

Westmount Energy (LON:WTE) last issued its quarterly earnings results on Wednesday, November 19th. The company reported GBX (0.38) earnings per share (EPS) for the quarter.

Westmount Energy Company Profile

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.