Westmount Energy (LON:WTE) Trading Down 1.1% – Here’s What Happened

Westmount Energy Limited (LON:WTE) dropped 1.1% during trading on Tuesday . The company traded as low as GBX 3.50 and last traded at GBX 3.71. Approximately 49,571 shares changed hands during trading, a decline of 95% from the average daily volume of 1,098,689 shares. The stock had previously closed at GBX 3.75.

Westmount Energy Stock Performance

The stock has a 50 day moving average of GBX 3.87 and a two-hundred day moving average of GBX 3.80. The firm has a market capitalization of £5.27 million, a P/E ratio of -9.62 and a beta of 1.26.

Westmount Energy (LON:WTE) last announced its earnings results on Monday, March 30th. The company reported GBX 0.14 earnings per share (EPS) for the quarter. Westmount Energy had a negative return on equity of 2.93% and a negative net margin of 232.19%.

About Westmount Energy

Westmount Energy Limited is a venture capital firm specializing in seed capital to small medium sized companies. The firm invests in Guyana-Suriname Basin regions. Westmount Energy Limited was incorporated in October 1, 1992 and is based in Saint Helier, Jersey.