TotalEnergies (LON:TTE) Shares Down 2.7% - What's Next?

Key Points

• TotalEnergies SE shares fell by 2.7% during trading, closing at GBX 51.23 ($0.69) after experiencing a significant decline in trading volume.
• The company's debt-to-equity ratio stands at 51.36, while its market capitalization is approximately £112.41 billion with a price-to-earnings ratio of 5.14.
• TotalEnergies operates across several segments including Exploration & Production, Integrated LNG, and Renewable Energy, making it a multi-energy company with a diverse portfolio.

Shares of TotalEnergies SE (LON:TTE - Get Free Report) dropped 2.7% during mid-day trading on Friday . The stock traded as low as GBX 50.68 ($0.68) and last traded at GBX 51.23 ($0.68). Approximately 658,532 shares traded hands during trading, a decline of 72% from the average daily volume of 2,394,377 shares. The stock had previously closed at GBX 52.65 ($0.70).

TotalEnergies Stock Performance

The firm has a fifty day simple moving average of GBX 52.90 and a 200-day simple moving average of GBX 54.51. The company has a market cap of £115.82 billion, a PE ratio of 5.29, a price-to-earnings-growth ratio of 11.25 and a beta of 0.74. The company has a quick ratio of 0.52, a current ratio of 1.10 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.