Westmount Energy (LON:WTE) Shares Pass Below 50-Day Moving Average – Here’s Why

Westmount Energy Limited (LON:WTEGet Free Report)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 0.82 ($0.01) and traded as low as GBX 0.75 ($0.01). Westmount Energy shares last traded at GBX 0.75 ($0.01), with a volume of 9,191 shares changing hands.

Westmount Energy Stock Performance

The stock has a market cap of £1.08 million, a PE ratio of -37.50 and a beta of 0.53. The firm’s 50-day moving average is GBX 0.82 and its 200 day moving average is GBX 1.10. The company has a debt-to-equity ratio of 2.69, a quick ratio of 18.95 and a current ratio of 10.28.

Westmount Energy (LON:WTEGet Free Report) last announced its earnings results on Tuesday, November 19th. The company reported GBX (0.52) (($0.01)) earnings per share for the quarter.

Westmount Energy Company Profile

(Get Free Report)

Westmount Energy Limited is a venture capital firm specializing in seed capital to small medium sized companies. The firm invests in Guyana-Suriname Basin regions. Westmount Energy Limited was incorporated in October 1, 1992 and is based in Saint Helier, Jersey.

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