IOG (LON:IOG) Stock Passes Above Fifty Day Moving Average – Here’s What Happened

IOG plc (LON:IOGGet Free Report)’s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 0.95 ($0.01) and traded as high as GBX 1.08 ($0.01). IOG shares last traded at GBX 0.95 ($0.01), with a volume of 7,103,820 shares trading hands.

IOG Trading Up 2.7 %

The company has a debt-to-equity ratio of 4,373.56, a quick ratio of 0.47 and a current ratio of 0.60. The firm has a market cap of £4.99 million, a PE ratio of -19.00 and a beta of 0.40. The company has a 50 day simple moving average of GBX 0.95 and a two-hundred day simple moving average of GBX 0.95.

IOG Company Profile

(Get Free Report)

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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