Hugh Swire Purchases 3,050,000 Shares of Tlou Energy Limited (LON:TLOU) Stock

Tlou Energy Limited (LON:TLOU) insider Hugh Swire purchased 3,050,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The stock was purchased at an average cost of GBX 1 ($0.01) per share, for a total transaction of £30,500 ($39,703.20).

Tlou Energy Stock Performance

LON:TLOU opened at GBX 0.70 ($0.01) on Friday. The firm has a market capitalization of £8.89 million, a PE ratio of -11.00 and a beta of 1.74. Tlou Energy Limited has a 1 year low of GBX 0.60 ($0.01) and a 1 year high of GBX 2.55 ($0.03). The company has a current ratio of 1.50, a quick ratio of 5.21 and a debt-to-equity ratio of 20.32. The firm’s fifty day simple moving average is GBX 1.24 and its 200 day simple moving average is GBX 1.68.

Tlou Energy Company Profile

Tlou Energy Limited explores for, evaluates, and develops coalbed methane (CBM) resources in Southern Africa. The company owns 100% interests in the Lesedi CBM project, Mamba, and Boomslang projects. It is also involved in development of gas-fired power, solar power, and hydrogen projects. Tlou Energy Limited was incorporated in 2009 and is based in Brisbane, Australia.