Touchstone Exploration (LON:TXP) Hits New 1-Year Low at $29.50

Posted by Patrick Bannon on Aug 15th, 2024

Touchstone Exploration Inc. (LON:TXP – Get Free Report)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as GBX 29.50 ($0.38) and last traded at GBX 31.45 ($0.40), with a volume of 1252255 shares trading hands. The stock had previously closed at GBX 31.25 ($0.40).

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “house stock” rating on shares of Touchstone Exploration in a research report on Wednesday, May 1st.

Get Our Latest Analysis on Touchstone Exploration

Touchstone Exploration Stock Down 1.6 %

The firm has a 50-day moving average of GBX 31.74 and a two-hundred day moving average of GBX 39.88. The stock has a market capitalization of £72.61 million, a price-to-earnings ratio of -615.00 and a beta of 0.70.

About Touchstone Exploration

(Get Free Report)

Touchstone Exploration Inc engages in the exploration, development, acquisition, production, and sale of petroleum and natural gas properties in the Republic of Trinidad and Tobago. Its primary exploration focus is the Ortoire exploration block. The company was formerly known as Petrobank Energy and Resources Ltd.