Falcon Oil & Gas (LON:FOG) Stock Price Crosses Below 200 Day Moving Average of $8.36

Falcon Oil & Gas Ltd. (LON:FOG)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 8.36 ($0.11) and traded as low as GBX 6.60 ($0.08). Falcon Oil & Gas shares last traded at GBX 6.65 ($0.08), with a volume of 390,708 shares changing hands.

Falcon Oil & Gas Stock Performance

The firm has a 50 day simple moving average of GBX 8.05 and a two-hundred day simple moving average of GBX 8.36. The stock has a market cap of £69.16 million, a P/E ratio of -30.83 and a beta of 0.58.

Falcon Oil & Gas Company Profile

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.