Touchstone Exploration (LON:TXP) Earns House Stock Rating from Shore Capital

Shore Capital reissued their house stock rating on shares of Touchstone Exploration (LON:TXP - Free Report) in a research report released on Monday, Marketbeat reports.

Separately, Canaccord Genuity Group reiterated a speculative buy rating and issued a GBX 100 ($1.24) target price on shares of Touchstone Exploration in a report on Thursday, April 11th.

Touchstone Exploration Stock Performance

Touchstone Exploration stock remained flat at GBX 43.50 ($0.54) during mid-day trading on Monday. The company's stock had a trading volume of 182,671 shares, compared to its average volume of 319,370. The company has a 50 day simple moving average of GBX 49.16 and a 200 day simple moving average of GBX 49.42. The company has a market capitalization of £101.88 million, a PE ratio of -615.00 and a beta of 0.79. Touchstone Exploration has a 12 month low of GBX 40.20 ($0.50) and a 12 month high of GBX 95 ($1.17).

Touchstone Exploration Company Profile

Touchstone Exploration Inc engages in the exploration, development, acquisition, production, and sale of petroleum and natural gas properties in the Republic of Trinidad and Tobago. Its primary exploration focus is the Ortoire exploration block and development production on four lease operatorship properties.