Nostra Terra Oil and Gas (LON:NTOG) Shares Up 14.3% – Here’s Why

Nostra Terra Oil and Gas Company plc (LON:NTOG)’s share price was up 14.3% during trading on Wednesday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 174,378,594 shares were traded during mid-day trading, an increase of 38% from the average daily volume of 126,489,531 shares. The stock had previously closed at GBX 0.04 ($0.00).

Nostra Terra Oil and Gas Stock Up 14.3 %

The stock has a market cap of £1.04 million, a P/E ratio of -2.30 and a beta of 0.25. The company has a quick ratio of 0.55, a current ratio of 0.60 and a debt-to-equity ratio of 437.14. The company has a 50-day simple moving average of GBX 0.03 and a two-hundred day simple moving average of GBX 0.04.

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.