Westmount Energy (LON:WTE) Shares Down 24.5% – Should You Sell?

Westmount Energy Limited (LON:WTEGet Free Report) was down 24.5% during mid-day trading on Tuesday . The stock traded as low as GBX 0.40 ($0.01) and last traded at GBX 0.40 ($0.01). Approximately 190,000 shares changed hands during trading, a decline of 44% from the average daily volume of 341,516 shares. The stock had previously closed at GBX 0.53 ($0.01).

Westmount Energy Price Performance

The company has a 50-day moving average of GBX 0.60 and a 200 day moving average of GBX 0.81. The company has a market cap of £792,280.20, a PE ratio of -1.02 and a beta of 0.53.

Westmount Energy (LON:WTEGet Free Report) last released its earnings results on Friday, March 28th. The company reported GBX (0.16) ($0.00) earnings per share for the quarter.

About Westmount Energy

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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.

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