Westmount Energy (LON:WTE) Stock Price Down 25% – Here’s Why

Shares of Westmount Energy Limited (LON:WTE) fell 25% during trading on Tuesday . The stock traded as low as GBX 0.60 ($0.01) and last traded at GBX 0.60 ($0.01). 1,500,000 shares traded hands during mid-day trading, an increase of 199% from the average session volume of 500,900 shares. The stock had previously closed at GBX 0.80 ($0.01).

Westmount Energy Stock Performance

The company has a current ratio of 10.28, a quick ratio of 18.95 and a debt-to-equity ratio of 2.69. The firm has a market capitalization of £1.10 million, a PE ratio of -38.20 and a beta of 0.53. The stock’s 50 day moving average price is GBX 0.95 and its two-hundred day moving average price is GBX 1.17.

Westmount Energy Company Profile

Westmount Energy Limited is a venture capital firm specializing in seed capital to small medium sized companies. The firm invests in Guyana-Suriname Basin regions. Westmount Energy Limited was incorporated in October 1, 1992 and is based in Saint Helier, Jersey.