Nostra Terra Oil and Gas (LON:NTOG) Shares Down 7.9% – What’s Next?

Nostra Terra Oil and Gas Company plc (LON:NTOG) was down 7.9% during mid-day trading on Thursday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 55,659,387 shares traded hands during trading, an increase of 153% from the average daily volume of 21,956,531 shares. The stock had previously closed at GBX 0.04 ($0.00).

Nostra Terra Oil and Gas Trading Down 7.9 %

The business has a 50 day simple moving average of GBX 0.04 and a 200-day simple moving average of GBX 0.07. The company has a debt-to-equity ratio of 437.14, a quick ratio of 0.55 and a current ratio of 0.60. The stock has a market capitalization of £910,000.00, a P/E ratio of -2.30 and a beta of 0.25.

About Nostra Terra Oil and Gas

Nostra Terra Oil and Gas Company plc, together with its subsidiaries, engages in the exploitation of hydrocarbon resources in the United States. Its principal asset is the 100% owned Mesquite asset, which covers an area of 1,984 net acres located on the Eastern Shelf of the Permian Basin, Texas. It also holds a 100% working interest (WI) in pine mills oilfield and caballos creek oilfield; 32.5% WI in e Cypress farmout area of pine mills; and 50-100% WI leases located in the Permian Basin.