Touchstone Exploration (TSE:TXP) Trading Down 21.2% – Time to Sell?

Touchstone Exploration Inc. (TSE:TXPGet Free Report) shares fell 21.2% on Monday . The company traded as low as C$0.41 and last traded at C$0.41. 335,525 shares traded hands during trading, an increase of 238% from the average session volume of 99,389 shares. The stock had previously closed at C$0.52.

Touchstone Exploration Stock Performance

The firm has a market capitalization of C$101.66 million, a price-to-earnings ratio of -6.50, a P/E/G ratio of 4.01 and a beta of 0.70. The stock’s fifty day moving average is C$0.56 and its two-hundred day moving average is C$0.57. The company has a quick ratio of 0.69, a current ratio of 0.88 and a debt-to-equity ratio of 52.03.

Touchstone Exploration Company Profile

(Get Free Report)

Touchstone Exploration Inc engages in the exploration, development, acquisition, production, and sale of petroleum and natural gas properties in the Republic of Trinidad and Tobago. Its primary exploration focus is the Ortoire exploration block. The company was formerly known as Petrobank Energy and Resources Ltd.

Featured Stories

Receive News & Ratings for Touchstone Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Touchstone Exploration and related companies with MarketBeat.com's FREE daily email newsletter.