Tlou Energy (LON:TLOU) shares fall 18.4%

The share price of Tlou Energy Limited (LON:TLOU – Get Free Report) fell by 18.4% during midday trading on Thursday. The stock traded as low as GBX 1.51 ($0.02) and was last traded at GBX 1.51 ($0.02). There were 777,765 shares traded during the trading day, an increase of 132% on its average session volume of 334,707 shares. The stock previously closed at GBX 1.85 ($0.02).

Tlou Energy Stock Performance

The company has a 50-day simple moving average of GBX 1.92 and a 200-day simple moving average of GBX 1.91. The company has a quick ratio of 5.21, a current ratio of 0.92 and a debt-to-equity ratio of 21.24. The company has a market capitalisation of £21.59 million, a PE ratio of -11.00 and a beta of 1.63.

Company profile of Tlou Energy

(Get free report)

Tlou Energy Limited explores, evaluates and develops coalbed methane (CBM) resources in Southern Africa. The company owns 100% of the interests in the Lesedi CBM project, Mamba and Boomslang projects. It is also involved in the development of gas-fired power, solar and hydrogen projects. Tlou Energy Limited was established in 2009 and is based in Brisbane, Australia.

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