TransGlobe Energy Co. (LON:TGL) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $115.00. TransGlobe Energy shares last traded at $120.00, with a volume of 5,000 shares.
Separately, Canaccord Genuity raised Nuvista Energy to a “buy” rating in a research note on Tuesday, April 9th.
The firm has a market capitalization of $79.43 million and a P/E ratio of 5.11. The company has a quick ratio of 2.00, a current ratio of 2.47 and a debt-to-equity ratio of 24.14. The stock has a fifty day moving average price of GBX 115.55.
TransGlobe Energy Corporation, together with its subsidiaries, explores for, develops, and produces crude oil, natural gas, and natural gas liquids in Egypt and Canada. It holds working interests in West Gharib, West Bakr, North West Gharib, South Alamein, South Ghazalat, and North West Sitra production sharing concessions.
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