TotalEnergies (LON:TTE) Reaches New 12-Month High – Here’s Why

TotalEnergies SE (LON:TTE)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 66.10 and last traded at GBX 65.11, with a volume of 64497 shares trading hands. The stock had previously closed at GBX 64.45.

TotalEnergies Price Performance

The company has a debt-to-equity ratio of 51.36, a quick ratio of 0.52 and a current ratio of 1.10. The firm has a market capitalization of £1.40 billion, a P/E ratio of 0.11, a price-to-earnings-growth ratio of 11.25 and a beta of 0.74. The company has a 50-day moving average price of GBX 58.05 and a 200-day moving average price of GBX 55.08.

About TotalEnergies

TotalEnergies SE, a multi-energy company, produces and markets oil and biofuels, natural gas, green gases, renewables, and electricity in France, rest of Europe, North America, Africa, and internationally. It operates through five segments: Exploration & Production, Integrated LNG, Integrated Power, Refining & Chemicals, and Marketing & Services. The Exploration & Production segment is involved in the exploration and production of oil and natural gas. The Integrated LNG segment comprises the integrated gas chain, including upstream and midstream liquified natural gas (LNG) activities, as well as biogas, hydrogen, and gas trading activities.