Insider Buying: Tlou Energy Limited (LON:TLOU) Insider Buys £30,500 in Stock

Tlou Energy Limited (LON:TLOU) insider Hugh Swire acquired 3,050,000 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The stock was bought at an average price of GBX 1 ($0.01) per share, for a total transaction of £30,500 ($39,703.20).

Tlou Energy Price Performance

Shares of LON TLOU opened at GBX 0.70 ($0.01) on Friday. The company has a debt-to-equity ratio of 20.32, a current ratio of 1.50 and a quick ratio of 5.21. The company has a market cap of £8.89 million, a price-to-earnings ratio of -11.00 and a beta of 1.74. The stock’s 50-day moving average is GBX 1.24 and its two-hundred day moving average is GBX 1.68. Tlou Energy Limited has a 1-year low of GBX 0.60 ($0.01) and a 1-year high of GBX 2.55 ($0.03).

About Tlou Energy

Tlou Energy Limited explores for, evaluates, and develops coalbed methane (CBM) resources in Southern Africa. The company owns 100% interests in the Lesedi CBM project, Mamba, and Boomslang projects. It is also involved in development of gas-fired power, solar power, and hydrogen projects. Tlou Energy Limited was incorporated in 2009 and is based in Brisbane, Australia.