Nostrum Oil & Gas (LON:NOG) Reaches New 52-Week Low – Should You Sell?

Nostrum Oil & Gas PLC (LON:NOGGet Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 2.50 ($0.03) and last traded at GBX 2.51 ($0.03), with a volume of 65043 shares traded. The stock had previously closed at GBX 3 ($0.04).

Nostrum Oil & Gas Trading Down 8.1 %

The business’s 50 day simple moving average is GBX 3.30 and its 200 day simple moving average is GBX 4.02. The company has a debt-to-equity ratio of 200.65, a current ratio of 4.86 and a quick ratio of 0.17. The company has a market capitalization of £4.41 million, a price-to-earnings ratio of -0.61, a price-to-earnings-growth ratio of -0.07 and a beta of 1.33.

Nostrum Oil & Gas Company Profile

(Get Free Report)

Nostrum Oil & Gas PLC, an independent oil and gas company, engages in the exploration, development, and production of oil and gas in the pre-Caspian Basin. The company discovers and develops oil and gas reserves, as well as produces and sells crude oil, stabilized condensate, liquefied petroleum gas, and dry gas.

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