Trinity Exploration & Production (LON:TRIN) Trading 2.5% Higher

Trinity Exploration & Production plc (LON:TRINGet Free Report)’s share price was up 2.5% during trading on Monday . The stock traded as high as GBX 57.45 ($0.74) and last traded at GBX 53.37 ($0.69). Approximately 253,945 shares traded hands during mid-day trading, an increase of 160% from the average daily volume of 97,854 shares. The stock had previously closed at GBX 52.04 ($0.67).

Trinity Exploration & Production Trading Up 4.3 %

The company has a market cap of £22.25 million, a price-to-earnings ratio of -400.00 and a beta of 0.87. The company has a quick ratio of 1.34, a current ratio of 1.70 and a debt-to-equity ratio of 4.66. The business’s fifty day simple moving average is GBX 46.75 and its two-hundred day simple moving average is GBX 44.53.

About Trinity Exploration & Production

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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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