Shares of Touchstone Exploration Inc. (LON:TXP - Get Free Report) dropped 2.5% on Wednesday . The stock traded as low as GBX 29.55 ($0.38) and last traded at GBX 29.75 ($0.38). Approximately 202,228 shares changed hands during trading, a decline of 57% from the average daily volume of 470,429 shares. The stock had previously closed at GBX 30.50 ($0.39).
Analyst Upgrades and Downgrades
Separately, Shore Capital reissued a "house stock" rating on shares of Touchstone Exploration in a research note on Wednesday, November 13th.
Read Our Latest Analysis on Touchstone Exploration
Touchstone Exploration Trading Down 4.2 %
The firm has a market capitalization of £67.38 million, a P/E ratio of -712.50 and a beta of 0.70. The business has a 50 day moving average of GBX 31.76 and a 200-day moving average of GBX 32.05.
About Touchstone Exploration
(
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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.
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