Touchstone Exploration (LON:TXP) Trading Down 2.6% – Here’s What Happened

Posted by ABMN Staff on Jan 28th, 2026

Touchstone Exploration Inc. (LON:TXP – Get Free Report)’s stock price was down 2.6% during mid-day trading on Tuesday . The stock traded as low as GBX 9.50 and last traded at GBX 9.50. Approximately 524,037 shares were traded during trading, a decline of 78% from the average daily volume of 2,375,846 shares. The stock had previously closed at GBX 9.75.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group lowered their price target on Touchstone Exploration from GBX 34 to GBX 32 and set a “speculative buy” rating on the stock in a report on Thursday, November 13th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of GBX 32.

Read Our Latest Stock Analysis on TXP

Touchstone Exploration Trading Down 0.9%

The business’s fifty day moving average price is GBX 8.06 and its 200-day moving average price is GBX 11.20. The company has a market capitalization of £31.39 million, a P/E ratio of -9.67 and a beta of 0.70.

Insider Activity

In other news, insider Peter William Nicol acquired 650,000 shares of Touchstone Exploration stock in a transaction dated Monday, December 1st. The shares were purchased at an average cost of GBX 7 per share, for a total transaction of £45,500. Insiders own 4.08% of the company’s stock.

About Touchstone Exploration

(Get Free Report)

Touchstone Exploration Inc is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is one of the largest independent onshore oil producers in Trinidad, with an experienced management and executive team that have a track record of delivering value to shareholders.

The Company’s strategy is to leverage the Board’s extensive oil recovery experience and capability to develop international onshore properties that create shareholder value.

In Trinidad, the Company’s interests in approximately 90,000 gross acres of exploration and development rights make it one of the largest independent onshore oil producers in Trinidad.