Shares of TMD Energy Limited (NYSEAMERICAN:TMDE – Get Free Report) fell 8.6% during trading on Friday . The company traded as low as $0.91 and last traded at $0.9414. 324,673 shares were traded during mid-day trading, a decline of 26% from the average daily volume of 436,667 shares. The stock had previously closed at $1.03.
TMD Energy Stock Performance
The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.77 and a current ratio of 0.85. The firm’s 50 day moving average is $0.81 and its 200 day moving average is $1.06.
TMD Energy (NYSEAMERICAN:TMDE – Get Free Report) last announced its quarterly earnings results on Monday, June 29th. The company reported ($0.18) earnings per share for the quarter. The company had revenue of $123.79 million for the quarter.
About TMD Energy
We are principally involved in marine fuel bunkering services specializing in the supply and marketing of marine gas oil and marine fuel oil which include high sulfur fuel oil, low sulfur fuel oil and very low sulfur fuel oil, to ships and vessels at sea. We are also involved in the provision of ship management services for in-house and external vessels, as well as vessel chartering services. For our bunkering services, we provide offshore bunkering services which involve STS transfer of marine fuels.
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