Prospex Oil and Gas (LON:PXOG) Stock Price Up 1.7% – Should You Buy?

Prospex Oil and Gas PLC (LON:PXOGGet Free Report) shares traded up 1.7% during mid-day trading on Tuesday . The company traded as high as GBX 2.30 ($0.03) and last traded at GBX 1.53 ($0.02). 540,413 shares traded hands during trading, a decline of 95% from the average session volume of 11,940,000 shares. The stock had previously closed at GBX 1.50 ($0.02).

Prospex Oil and Gas Stock Up 1.7 %

The company has a debt-to-equity ratio of 8.99, a current ratio of 2.16 and a quick ratio of 2.08. The company has a fifty day moving average price of GBX 1.53 and a 200 day moving average price of GBX 1.53. The company has a market cap of £1.35 million and a PE ratio of -15.25.

About Prospex Oil and Gas

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Prospex Oil And Gas Plc operates as an oil and gas investment company in Europe. It has a 50% economic interest in the exploration area of the EIV-1 Suceava Concession in Romania; and 17% working interest in the Podere Gallina Exploration Permit, which covers an area of 500 square kilometers located in onshore northern Italy in the Po Valley.

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