TotalEnergies (LON:TTE) Stock Price Down 1.2% - Here's Why

Key Points

• TotalEnergies SE experienced a stock price decline of 1.2% on Wednesday, trading as low as GBX 51 ($0.69).
• The trading volume for the stock increased by 48% compared to its average daily volume, with approximately 3.15 million shares changing hands.
• TotalEnergies operates in multiple sectors, including oil, biofuels, natural gas, and renewable energy, across regions such as Europe, North America, and Africa.

TotalEnergies SE (LON:TTE - )'s stock price was down 1.2% during mid-day trading on Wednesday . The stock traded as low as GBX 51 ($0.69) and last traded at GBX 51.40 ($0.69). Approximately 3,152,231 shares changed hands during trading, an increase of 48% from the average daily volume of 2,128,779 shares. The stock had previously closed at GBX 52 ($0.70).

TotalEnergies Stock Down 1.2%

The company has a 50-day moving average of GBX 52.64 and a 200-day moving average of GBX 53.07. The company has a market capitalization of £1.12 billion, a price-to-earnings ratio of 9.31, a price-to-earnings-growth ratio of 11.25 and a beta of 0.74. The company has a current ratio of 1.10, a quick ratio of 0.52 and a debt-to-equity ratio of 51.36.

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.

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