Nostra Terra Oil and Gas (LON:NTOG) Trading 17.9% Higher – Should You Buy?

Shares of Nostra Terra Oil and Gas Company plc (LON:NTOG) rose 17.9% during trading on Monday . The stock traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 94,132,000 shares traded hands during mid-day trading, an increase of 18% from the average daily volume of 80,063,586 shares. The stock had previously closed at GBX 0.03 ($0.00).

Nostra Terra Oil and Gas Price Performance

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 stock’s 50 day moving average price is GBX 0.03 and its two-hundred day moving average price is GBX 0.04. The stock has a market cap of £858,000.00, a price-to-earnings ratio of -2.30 and a beta of 0.25.

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.