Nostra Terra Oil and Gas (LON:NTOG) Shares Down 6.7% – Here’s What Happened

Nostra Terra Oil and Gas Company plc (LON:NTOG)’s stock price dropped 6.7% during mid-day trading on Thursday . The stock traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 9,652,226 shares traded hands during trading, a decline of 74% from the average daily volume of 36,701,270 shares. The stock had previously closed at GBX 0.03 ($0.00).

Nostra Terra Oil and Gas Stock Performance

The stock has a market cap of £702,000.00, a P/E ratio of -2.30 and a beta of 0.25. The business has a 50 day moving average price of GBX 0.03 and a 200 day moving average price of GBX 0.05. The company has a quick ratio of 0.55, a current ratio of 0.60 and a debt-to-equity ratio of 437.14.

About Nostra Terra Oil and Gas

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.