IOG (LON:IOG) Share Price Crosses Above 50-Day Moving Average of $0.95

IOG plc (LON:IOGGet Free Report)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 0.95 ($0.01) and traded as high as GBX 1.08 ($0.01). IOG shares last traded at GBX 0.95 ($0.01), with a volume of 7,103,820 shares changing hands.

IOG Trading Up 2.7 %

The company has a market capitalization of £4.99 million, a price-to-earnings ratio of -19.00 and a beta of 0.40. The company has a quick ratio of 0.47, a current ratio of 0.60 and a debt-to-equity ratio of 4,373.56. The company’s fifty day simple moving average is GBX 0.95 and its two-hundred day simple moving average is GBX 0.98.

About IOG

(Get Free Report)

IOG plc engages in the exploration and development of oil and gas properties in the North Sea, the United Kingdom. It focuses on the gas resources. The company holds 50% working interests in the Blythe gas field, Elgood, Elland, Nailsworth, Southwark, Goddard, Southsea, Abbeydale, Thornbridge, Kelham, Panther, and Grafton licences.

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