Falcon Oil & Gas Ltd. (LON:FOG – Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 5.18 ($0.07) and traded as high as GBX 6.75 ($0.09). Falcon Oil & Gas shares last traded at GBX 6.60 ($0.08), with a volume of 171,236 shares trading hands.
Falcon Oil & Gas Trading Down 3.7 %
The firm’s 50-day moving average is GBX 6.01 and its 200-day moving average is GBX 5.19. The firm has a market cap of £90.22 million, a price-to-earnings ratio of -32.03 and a beta of 0.51.
About Falcon Oil & Gas
Falcon Oil & Gas Ltd. (“Falcon” or “Company”) is an international oil and gas company engaged in the exploration and development of unconventional oil and gas assets. The Company’s principal interests are located in two major underexplored basins in Australia and South Africa; with further interests in Hungary, covering approximately 12.3 million gross acres.
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