IOG (LON:IOG) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Shares of IOG plc (LON:IOGGet Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 0.95 ($0.01) and traded as low as GBX 0.93 ($0.01). IOG shares last traded at GBX 0.95 ($0.01), with a volume of 7,103,820 shares traded.

IOG Stock Performance

The company has a debt-to-equity ratio of 4,373.56, a current ratio of 0.60 and a quick ratio of 0.47. The stock’s 50-day simple moving average is GBX 0.95 and its 200 day simple moving average is GBX 0.95. The stock has a market capitalization of £4.99 million, a P/E ratio of -19.00 and a beta of 0.40.

About IOG

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IOG plc engages in the exploration and development of oil and gas properties in the North Sea, the United Kingdom. It focuses on the gas resources. The company holds 50% working interests in the Blythe gas field, Elgood, Elland, Nailsworth, Southwark, Goddard, Southsea, Abbeydale, Thornbridge, Kelham, Panther, and Grafton licences.

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