Trinity Exploration & Production plc (LON:TRIN – Get Free Report)’s share price rose 46.1% during mid-day trading on Wednesday . The company traded as high as GBX 55 ($0.69) and last traded at GBX 52.60 ($0.66). Approximately 206,530 shares were traded during trading, an increase of 95% from the average daily volume of 106,006 shares. The stock had previously closed at GBX 36 ($0.45).
Trinity Exploration & Production Price Performance
The company has a debt-to-equity ratio of 4.66, a quick ratio of 1.34 and a current ratio of 1.70. The firm has a market cap of £20.69 million, a price-to-earnings ratio of 1,766.67 and a beta of 0.86. The stock’s 50 day simple moving average is GBX 39.93 and its 200-day simple moving average is GBX 47.39.
About Trinity Exploration & Production
Trinity Exploration & Production plc, an independent oil company, engages in the exploration, development, production, and sale of crude oil in Trinidad & Tobago. The company operates a portfolio of producing, development, and exploration assets onshore and offshore in the shallow waters off the west and east coasts of Trinidad.
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