Nostra Terra Oil and Gas (LON:NTOG) Shares Up 18.2% – Should You Buy?

Nostra Terra Oil and Gas Company plc (LON:NTOGGet Free Report)’s share price was up 18.2% during mid-day trading on Wednesday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 41,019,258 shares changed hands during trading, an increase of 67% from the average daily volume of 24,529,824 shares. The stock had previously closed at GBX 0.03 ($0.00).

Nostra Terra Oil and Gas Trading Down 4.2 %

The company has a quick ratio of 0.55, a current ratio of 0.60 and a debt-to-equity ratio of 437.14. The company has a 50-day moving average price of GBX 0.04 and a 200-day moving average price of GBX 0.07. The company has a market capitalization of £598,000.00, a price-to-earnings ratio of -2.30 and a beta of 0.25.

About Nostra Terra Oil and Gas

(Get Free Report)

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.

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