Europa Oil & Gas (LON:EOG) Stock Price Up 13.7% – What’s Next?

Shares of Europa Oil & Gas (Holdings) plc (LON:EOG) rose 13.7% during mid-day trading on Thursday . The stock traded as high as GBX 0.74 ($0.01) and last traded at GBX 0.74 ($0.01). Approximately 8,381,987 shares changed hands during trading, an increase of 424% from the average daily volume of 1,599,158 shares. The stock had previously closed at GBX 0.65 ($0.01).

Europa Oil & Gas Stock Up 7.3 %

The company has a market capitalization of £7.46 million, a PE ratio of -1.10 and a beta of 0.61. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.91 and a current ratio of 2.01. The firm has a fifty day simple moving average of GBX 0.77 and a 200-day simple moving average of GBX 0.85.

Europa Oil & Gas (LON:EOG) last issued its quarterly earnings data on Thursday, March 20th. The company reported GBX (0.04) ($0.00) EPS for the quarter. Europa Oil & Gas had a negative return on equity of 102.27% and a negative net margin of 190.16%. Equities research analysts anticipate that Europa Oil & Gas will post 40.5714332 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Will Holland purchased 623,153 shares of the company’s stock in a transaction on Friday, January 31st. The shares were purchased at an average price of GBX 1 ($0.01) per share, with a total value of £6,231.53 ($8,045.87). 13.50% of the stock is currently owned by company insiders.

About Europa Oil & Gas

Europa Oil & Gas (Holdings) plc (AIM: EOG) has a diversified portfolio of multi-stage hydrocarbon assets which includes production, development and exploration interests, in countries that are politically stable, have transparent licensing processes, and offer attractive terms.