Falcon Oil & Gas Ltd. (LON:FOG – Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 5.04 ($0.06) and traded as low as GBX 4.01 ($0.05). Falcon Oil & Gas shares last traded at GBX 4.01 ($0.05), with a volume of 510,000 shares traded.
Falcon Oil & Gas Stock Up 6.2 %
The business’s 50-day simple moving average is GBX 4.30 and its 200 day simple moving average is GBX 5.03. The firm has a market capitalization of £47.73 million, a P/E ratio of -30.83 and a beta of 0.51.
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.
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