Obtala Ltd (LON:OBT – Get Free Report) dropped 2.8% during mid-day trading on Thursday . The stock traded as low as GBX 6.90 ($0.09) and last traded at GBX 6.90 ($0.09). Approximately 227,500 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 683,806 shares. The stock had previously closed at GBX 7.10 ($0.09).
Obtala Price Performance
The company has a market cap of £28.50 million and a price-to-earnings ratio of -1.86. The company has a current ratio of 0.89, a quick ratio of 0.43 and a debt-to-equity ratio of 15.92. The business has a 50-day moving average price of GBX 6.90 and a 200 day moving average price of GBX 6.90.
About Obtala
Obtala Limited, formerly Obtala Resources Limited, is engaged in the development of agricultural, food processing and timber projects, the holding of mineral resource licenses, projects and investment in other natural resources exploration and development companies and retail. The Company operates through four segments: Exploration and development, Agriculture and forestry, Investing activities and Retail.
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