Europa Oil & Gas (LON:EOG) Stock Crosses Below 200 Day Moving Average of $0.99

Europa Oil & Gas (Holdings) plc (LON:EOG) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.99 ($0.01) and traded as low as GBX 0.87 ($0.01). Europa Oil & Gas shares last traded at GBX 0.90 ($0.01), with a volume of 2,655,232 shares.

Europa Oil & Gas Stock Up 5.6 %

The firm has a market cap of £8.63 million, a P/E ratio of 23.50 and a beta of 0.45. The company has a fifty day simple moving average of GBX 0.88 and a 200-day simple moving average of GBX 0.99. The company has a quick ratio of 1.91, a current ratio of 1.59 and a debt-to-equity ratio of 0.16.

Insider Buying and Selling

In other news, insider Will Holland acquired 525,456 shares of the company’s stock in a transaction that occurred on Wednesday, April 17th. The shares were bought at an average price of GBX 1 ($0.01) per share, with a total value of £5,254.56 ($6,646.29). 12.44% of the stock is owned by insiders.

About Europa Oil & Gas

Europa Oil & Gas (Holdings) plc, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas properties in the United Kingdom and Ireland. The company owns a working interest in the West Firsby and Crosby Warren fields, and a 65% non-operated interest in the Whisby W4 well located in the East Midlands; and the Inishkea prospect comprising FEL 4/19 licence located in the Slyne basin, Ireland.