Falcon Oil & Gas Ltd. (LON:FOG – Get Free Report) traded down 10.3% during mid-day trading on Thursday . The company traded as low as GBX 6.50 ($0.08) and last traded at GBX 6.50 ($0.08). 227,880 shares traded hands during mid-day trading, a decline of 41% from the average session volume of 384,807 shares. The stock had previously closed at GBX 7.25 ($0.09).
Falcon Oil & Gas Stock Down 3.7 %
The stock has a 50 day simple moving average of GBX 5.75 and a 200 day simple moving average of GBX 5.16. The company has a market capitalization 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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