Tlou Energy Limited (LON:TLOU – Get Free Report)’s stock price rose 12% on Thursday . The company traded as high as GBX 1.40 ($0.02) and last traded at GBX 1.40 ($0.02). Approximately 500,714 shares changed hands during trading, an increase of 44% from the average daily volume of 347,001 shares. The stock had previously closed at GBX 1.25 ($0.02).
Tlou Energy Stock Performance
The stock’s 50 day moving average price is GBX 1.51 and its two-hundred day moving average price is GBX 1.83. The company has a current ratio of 1.50, a quick ratio of 5.21 and a debt-to-equity ratio of 20.32. The firm has a market capitalization of £16.51 million, a price-to-earnings ratio of -11.00 and a beta of 1.74.
About Tlou Energy
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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