Westmount Energy (LON:WTE) Stock Price Crosses Below 50 Day Moving Average – Here’s Why

Westmount Energy Limited (LON:WTE)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 1.19 ($0.02) and traded as low as GBX 1.15 ($0.01). Westmount Energy shares last traded at GBX 1.15 ($0.01), with a volume of 50,000 shares traded.

Westmount Energy Stock Down 8.0 %

The company has a 50 day moving average of GBX 1.19 and a 200-day moving average of GBX 1.32. The company has a debt-to-equity ratio of 2.69, a current ratio of 10.28 and a quick ratio of 18.95. The company has a market cap of £1.66 million, a P/E ratio of -57.50 and a beta of 0.53.

Westmount Energy Company Profile

Westmount Energy Limited is a venture capital firm specializing in seed capital to small medium sized companies. The firm invests in Guyana-Suriname Basin regions. Westmount Energy Limited was incorporated in October 1, 1992 and is based in Saint Helier, Jersey.