Nostra Terra Oil and Gas (LON:NTOG) Trading Down 36.8% – Here’s What Happened

Nostra Terra Oil and Gas Company plc (LON:NTOG) fell 36.8% during trading on Thursday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). 229,154,266 shares were traded during mid-day trading, an increase of 790% from the average session volume of 25,755,721 shares. The stock had previously closed at GBX 0.04 ($0.00).

Nostra Terra Oil and Gas Price Performance

The stock has a market capitalization of £592,800.00, a price-to-earnings ratio of -2.30 and a beta of 0.25. The company has a current ratio of 0.60, a quick ratio of 0.55 and a debt-to-equity ratio of 437.14. The company’s 50 day moving average is GBX 0.04 and its 200 day moving average is GBX 0.07.

Nostra Terra Oil and Gas Company Profile

Nostra Terra Oil and Gas Company plc, together with its subsidiaries, engages in the exploitation of hydrocarbon resources in the United States. Its principal asset is the 100% owned Mesquite asset, which covers an area of 1,984 net acres located on the Eastern Shelf of the Permian Basin, Texas. It also holds a 100% working interest (WI) in pine mills oilfield and caballos creek oilfield; 32.5% WI in e Cypress farmout area of pine mills; and 50-100% WI leases located in the Permian Basin.