Nostra Terra Oil and Gas (LON:NTOG) Stock Passes Below 200 Day Moving Average – What’s Next?

Nostra Terra Oil and Gas Company plc (LON:NTOG) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.02 and traded as low as GBX 0.02. Nostra Terra Oil and Gas shares last traded at GBX 0.02, with a volume of 70,297,672 shares.

Nostra Terra Oil and Gas Stock Performance

The firm has a market capitalization of £468,000.00, a price-to-earnings ratio of -2.30 and a beta of 0.25. The firm’s 50-day moving average price is GBX 0.02 and its two-hundred day moving average price is GBX 0.02. The company has a debt-to-equity ratio of 437.14, a quick ratio of 0.55 and a current ratio of 0.60.

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. The company was incorporated in 2005 and is headquartered in London, the United Kingdom.