Touchstone Exploration Inc. (LON:TXP - Get Free Report) shares reached a new 52-week low on Monday . The stock traded as low as GBX 19 ($0.25) and last traded at GBX 19.95 ($0.27), with a volume of 147414 shares. The stock had previously closed at GBX 19.50 ($0.26).
Analyst Ratings Changes
Several analysts recently weighed in on TXP shares. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 60 ($0.80) price objective on shares of Touchstone Exploration in a report on Thursday, March 20th. Shore Capital reissued a "house stock" rating on shares of Touchstone Exploration in a report on Thursday, March 20th.
Get Our Latest Report on Touchstone Exploration
Touchstone Exploration Trading Up 2.3 %
The firm's 50-day simple moving average is GBX 21.48 and its 200 day simple moving average is GBX 25.41. The stock has a market cap of £58.74 million, a P/E ratio of -6.68 and a beta of 0.70.
About Touchstone Exploration
(
Get Free Report)
Touchstone Exploration Inc is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is one of the largest independent onshore oil producers in Trinidad, with an experienced management and executive team that have a track record of delivering value to shareholders.
The Company's strategy is to leverage the Board's extensive oil recovery experience and capability to develop international onshore properties that create shareholder value.
In Trinidad, the Company's interests in approximately 90,000 gross acres of exploration and development rights make it one of the largest independent onshore oil producers in Trinidad.
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