Nostra Terra Oil and Gas (LON:NTOG) Share Price Passes Below 200 Day Moving Average – Should You Sell?

Nostra Terra Oil and Gas Company plc (LON:NTOG)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.04 ($0.00) and traded as low as GBX 0.03 ($0.00). Nostra Terra Oil and Gas shares last traded at GBX 0.03 ($0.00), with a volume of 13,377,925 shares changing hands.

Nostra Terra Oil and Gas Stock Performance

The company has a debt-to-equity ratio of 437.14, a current ratio of 0.60 and a quick ratio of 0.55. The company has a market capitalization of £884,000.00, a P/E ratio of -2.30 and a beta of 0.25. The business has a 50-day moving average of GBX 0.03 and a 200-day moving average of GBX 0.04.

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.