Touchstone Exploration (LON:TXP) Stock Rating Reaffirmed by Shore Capital

Shore Capital reiterated their house stock rating on shares of Touchstone Exploration (LON:TXP) in a report published on Thursday, Digital Look reports.

Shares of LON:TXP traded up GBX 0.25 ($0.00) during mid-day trading on Thursday, reaching GBX 26.25 ($0.35). The stock had a trading volume of 203,819 shares, compared to its average volume of 215,765. The firm has a market cap of $42.18 million and a PE ratio of -26.25. The firm has a 50 day simple moving average of GBX 19.78 and a two-hundred day simple moving average of GBX 15.73. The company has a current ratio of 0.94, a quick ratio of 0.90 and a debt-to-equity ratio of 31.71. Touchstone Exploration has a twelve month low of GBX 9.80 ($0.13) and a twelve month high of GBX 25.90 ($0.34).

In other news, insider Scott Budau purchased 6,522 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The shares were acquired at an average cost of GBX 23 ($0.30) per share, for a total transaction of £1,500.06 ($1,973.24).

Touchstone Exploration Company Profile

Touchstone Exploration Inc primarily engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in the Republic of Trinidad and Tobago. The company was formerly known as Petrobank Energy and Resources Ltd. and changed its name to Touchstone Exploration Inc in May 2014.

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