Falcon Oil & Gas (LON:FOG) Reaches New 12-Month Low – What’s Next?

Shares of Falcon Oil & Gas Ltd. (LON:FOGGet Free Report) hit a new 52-week low during trading on Friday . The stock traded as low as GBX 3.97 ($0.05) and last traded at GBX 3.97 ($0.05), with a volume of 4100 shares. The stock had previously closed at GBX 4.10 ($0.05).

Falcon Oil & Gas Price Performance

The stock has a 50 day moving average price of GBX 4.43 and a two-hundred day moving average price of GBX 5.18. The company has a market capitalization of £45.29 million, a price-to-earnings ratio of -30.83 and a beta of 0.51.

About Falcon Oil & Gas

(Get Free Report)

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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