Europa Oil & Gas (LON:EOG) Trading Down 5.3% – Here’s Why

Europa Oil & Gas (Holdings) plc (LON:EOG) shares were down 5.3% on Tuesday . The company traded as low as GBX 0.59 ($0.01) and last traded at GBX 0.71 ($0.01). Approximately 2,199,880 shares traded hands during mid-day trading, an increase of 41% from the average daily volume of 1,561,401 shares. The stock had previously closed at GBX 0.75 ($0.01).

Europa Oil & Gas Trading Down 3.9 %

The company has a current ratio of 2.01, a quick ratio of 1.91 and a debt-to-equity ratio of 0.32. The stock has a market cap of £6.46 million, a price-to-earnings ratio of -0.95 and a beta of 0.61. The company has a fifty day simple moving average of GBX 0.76 and a 200-day simple moving average of GBX 0.84.

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

Insider Transactions at Europa Oil & Gas

In related news, insider Will Holland purchased 623,153 shares of the firm’s stock in a transaction that occurred on Friday, January 31st. The stock was acquired at an average cost of GBX 1 ($0.01) per share, for a total transaction of £6,231.53 ($8,023.08). 13.50% of the stock is currently owned by 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.