Eco (Atlantic) Oil & Gas (LON:ECO) Shares Down 2.3% – Should You Sell?

Eco (Atlantic) Oil & Gas Ltd. (LON:ECO)’s stock price was down 2.3% during trading on Friday . The company traded as low as GBX 10.50 ($0.13) and last traded at GBX 10.50 ($0.13). Approximately 4,434 shares changed hands during trading, a decline of 99% from the average daily volume of 531,958 shares. The stock had previously closed at GBX 10.75 ($0.13).

Eco (Atlantic) Oil & Gas Stock Down 2.3 %

The stock has a market cap of £38.87 million, a P/E ratio of -262.50 and a beta of 1.95. The company’s 50 day moving average price is GBX 11.14 and its two-hundred day moving average price is GBX 11.13. The company has a quick ratio of 4.71, a current ratio of 1.68 and a debt-to-equity ratio of 2.11.

Eco (Atlantic) Oil & Gas (LON:ECO) last issued its quarterly earnings data on Wednesday, November 27th. The company reported GBX (0.40) ($0.00) EPS for the quarter.

Eco (Atlantic) Oil & Gas Company Profile

Eco Atlantic is a TSX-V and AIM-quoted Atlantic Margin-focused oil & gas exploration company with offshore license interests in Guyana, Namibia, and South Africa. Eco aims to deliver material value for its stakeholders through its role in the energy transition to explore for low carbon intensity oil and gas in stable emerging markets close to infrastructure.