TotalEnergies (LON:TTE) Stock Price Down 10.8% – Here’s What Happened

Shares of TotalEnergies SE (LON:TTE) fell 10.8% on Wednesday . The company traded as low as GBX 71.12 and last traded at GBX 74.29. 98,465 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 2,213,337 shares. The stock had previously closed at GBX 83.30.

TotalEnergies Price Performance

The stock has a 50 day moving average of GBX 69.71 and a two-hundred day moving average of GBX 60. The company has a debt-to-equity ratio of 53.13, a quick ratio of 0.52 and a current ratio of 0.97. The firm has a market capitalization of £1.60 billion, a P/E ratio of 0.13, a P/E/G ratio of 11.25 and a beta of 0.06.

TotalEnergies Company Profile

TotalEnergies SE, a multi-energy company, produces and markets oil and biofuels, natural gas, green gases, renewables, and electricity in France, rest of Europe, North America, Africa, and internationally. It operates through five segments: Exploration & Production, Integrated LNG, Integrated Power, Refining & Chemicals, and Marketing & Services. The Exploration & Production segment is involved in the exploration and production of oil and natural gas. The Integrated LNG segment comprises the integrated gas chain, including upstream and midstream liquified natural gas (LNG) activities, as well as biogas, hydrogen, and gas trading activities.