Jeffrey Wood Purchases 97,000 Shares of Touchstone Exploration (TSE:TXP) Stock

Touchstone Exploration Inc. (TSE:TXP) insider Jeffrey Wood purchased 97,000 shares of the stock in a transaction dated Tuesday, October 21st. The stock was purchased at an average price of C$0.22 per share, for a total transaction of C$21,340.00. Following the completion of the acquisition, the insider directly owned 1,129,800 shares in the company, valued at approximately C$248,556. This represents a 9.39% increase in their position.

Touchstone Exploration Stock Up 2.3%

TSE:TXP opened at C$0.23 on Friday. Touchstone Exploration Inc. has a fifty-two week low of C$0.21 and a fifty-two week high of C$0.69. The stock has a market capitalization of C$58.75 million, a P/E ratio of 22.50, a P/E/G ratio of 4.01 and a beta of 1.31. The company has a debt-to-equity ratio of 42.94, a quick ratio of 0.69 and a current ratio of 0.83. The company’s 50-day simple moving average is C$0.25 and its 200-day simple moving average is C$0.30.

Touchstone Exploration Company Profile

Touchstone Exploration Inc is an international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is primarily engaged in the exploration and the acquisition, development, and production of hydrocarbons in onshore reservoirs in Trinidad. The company holds interests in producing and exploration properties in southern Trinidad, which is approximately 90,000 gross acres of exploration and development rights.