Shore Capital Reiterates “House Stock” Rating for Touchstone Exploration (LON:TXP)

Touchstone Exploration (LON:TXP)‘s stock had its “house stock” rating reiterated by investment analysts at Shore Capital in a research report issued to clients and investors on Wednesday,Digital Look reports.

Touchstone Exploration Stock Down 10.2 %

TXP stock traded down GBX 3.55 ($0.05) during trading on Wednesday, hitting GBX 31.20 ($0.40). 2,411,264 shares of the company’s stock traded hands, compared to its average volume of 459,009. The business has a fifty day simple moving average of GBX 32.83 and a two-hundred day simple moving average of GBX 33.09. The firm has a market capitalization of £73.77 million, a P/E ratio of -775.00 and a beta of 0.70. Touchstone Exploration has a 1 year low of GBX 27.12 ($0.35) and a 1 year high of GBX 61.03 ($0.79).

About Touchstone Exploration

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.