Touchstone Exploration (TXP) Trading 6.4% Higher After Insider Buying Activity

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Shares of Touchstone Exploration Inc (LON:TXP) traded up 6.4% during mid-day trading on Friday following insider buying activity. The stock traded as high as GBX 14 ($0.18) and last traded at GBX 13.30 ($0.17). 200,775 shares changed hands during trading, a decline of 7% from the average session volume of 215,765 shares. The stock had previously closed at GBX 12.50 ($0.16).

Specifically, insider James Shipka acquired 13,043 shares of the company’s stock in a transaction dated Wednesday, February 6th. The shares were bought at an average cost of GBX 23 ($0.30) per share, with a total value of £2,999.89 ($3,919.89).

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About Touchstone Exploration (LON:TXP)

Touchstone Exploration Inc primarily engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in the Republic of Trinidad and Tobago. The company was formerly known as Petrobank Energy and Resources Ltd. and changed its name to Touchstone Exploration Inc in May 2014.

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