Falcon Oil & Gas (LON:FOG) Reaches New 12-Month Low – Here’s Why

Falcon Oil & Gas Ltd. (LON:FOGGet Free Report)’s share price hit a new 52-week low during mid-day 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 traded. The stock had previously closed at GBX 4.10 ($0.05).

Falcon Oil & Gas Price Performance

The company has a market capitalization of £44.09 million, a price-to-earnings ratio of -30.83 and a beta of 0.51. The business’s 50 day simple moving average is GBX 4.45 and its 200 day simple moving average is GBX 5.21.

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.

Further Reading

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