Falcon Oil & Gas (LON:FOG) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Falcon Oil & Gas Ltd. (LON:FOGGet Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 5.28 ($0.07) and traded as high as GBX 6.20 ($0.08). Falcon Oil & Gas shares last traded at GBX 6 ($0.08), with a volume of 917,700 shares traded.

Falcon Oil & Gas Price Performance

The company’s fifty day moving average is GBX 6.48 and its 200-day moving average is GBX 5.28. The company has a market capitalization of £83.28 million, a PE ratio of -29.57 and a beta of 0.51.

Falcon Oil & Gas Company Profile

(Get Free Report)

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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