Nostra Terra Oil and Gas (LON:NTOG) Stock Price Up 17.9% – Should You Buy?

Nostra Terra Oil and Gas Company plc (LON:NTOG) shares shot up 17.9% during trading on Monday . The company traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 94,132,000 shares changed hands during mid-day trading, an increase of 18% from the average session volume of 80,063,586 shares. The stock had previously closed at GBX 0.03 ($0.00).

Nostra Terra Oil and Gas Stock Performance

The company has a market cap of £1.12 million, a price-to-earnings ratio of -2.30 and a beta of 0.25. 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 company has a fifty day moving average of GBX 0.03 and a two-hundred day moving average of GBX 0.04.

Nostra Terra Oil and Gas Company Profile

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.