Falcon Oil & Gas (LON:FOG) Stock Price Crosses Below 200-Day Moving Average of $8.38

Falcon Oil & Gas Ltd. (LON:FOG) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 8.38 ($0.10) and traded as low as GBX 6.63 ($0.08). Falcon Oil & Gas shares last traded at GBX 6.63 ($0.08), with a volume of 334,578 shares trading hands.

Falcon Oil & Gas Price Performance

The stock has a 50 day simple moving average of GBX 8.89 and a two-hundred day simple moving average of GBX 8.38. The company has a market cap of £71.24 million, a PE ratio of -30.83 and a beta of 0.58.

About Falcon Oil & Gas

Falcon Oil & Gas Ltd., an oil and gas company, engages in the exploration, and development of unconventional oil and gas assets in Australia, South Africa, and Hungary. The company holds 22.5% interests in three exploration permits covering an area of approximately 1 million net acres in the Beetaloo Sub-basin, Northern Territory, Australia.