Falcon Oil & Gas Ltd. (LON:FOG – Get Free Report)’s share price dropped 5.7% on Tuesday . The stock traded as low as GBX 6.44 ($0.08) and last traded at GBX 6.68 ($0.08). Approximately 353,706 shares changed hands during mid-day trading, a decline of 18% from the average daily volume of 429,119 shares. The stock had previously closed at GBX 7.08 ($0.09).
Falcon Oil & Gas Stock Performance
The business has a 50-day moving average of GBX 5.25 and a 200-day moving average of GBX 5.08. The stock has a market capitalization of £74.10 million, a price-to-earnings ratio of -30.83 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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