Touchstone Exploration Inc. (LON:TXP - Get Free Report) shares reached a new 52-week low on Tuesday . The stock traded as low as GBX 19 ($0.25) and last traded at GBX 19.45 ($0.26), with a volume of 636229 shares traded. The stock had previously closed at GBX 19.75 ($0.26).
Wall Street Analyst Weigh In
A number of brokerages recently commented on TXP. Shore Capital restated a "house stock" rating on shares of Touchstone Exploration in a research note on Thursday, March 20th. Canaccord Genuity Group restated a "buy" rating and set a GBX 60 ($0.80) target price on shares of Touchstone Exploration in a research report on Thursday, March 20th.
View Our Latest Research Report on TXP
Touchstone Exploration Stock Down 2.3 %
The stock has a market capitalization of £56.83 million, a P/E ratio of -6.46 and a beta of 0.70. The company has a 50-day moving average price of GBX 21.58 and a two-hundred day moving average price of GBX 25.59.
About Touchstone Exploration
(
Get Free Report)
Touchstone Exploration Inc is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is one of the largest independent onshore oil producers in Trinidad, with an experienced management and executive team that have a track record of delivering value to shareholders.
The Company's strategy is to leverage the Board's extensive oil recovery experience and capability to develop international onshore properties that create shareholder value.
In Trinidad, the Company's interests in approximately 90,000 gross acres of exploration and development rights make it one of the largest independent onshore oil producers in Trinidad.
Featured Articles
Before you consider Touchstone Exploration, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Touchstone Exploration wasn't on the list.
While Touchstone Exploration currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
