Europa Oil & Gas (LON:EOG) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Europa Oil & Gas (Holdings) plc (LON:EOG) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 0.93 ($0.01) and traded as low as GBX 0.90 ($0.01). Europa Oil & Gas shares last traded at GBX 0.90 ($0.01), with a volume of 598,272 shares traded.

Europa Oil & Gas Price Performance

The stock has a market capitalization of £8.65 million, a price-to-earnings ratio of 23.50 and a beta of 0.61. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.59 and a quick ratio of 1.91. The company has a 50-day simple moving average of GBX 0.86 and a two-hundred day simple moving average of GBX 0.93.

Insider Buying and Selling

In other Europa Oil & Gas news, insider Will Holland acquired 697,484 shares of Europa Oil & Gas stock in a transaction dated Wednesday, October 30th. The stock was acquired at an average cost of GBX 1 ($0.01) per share, for a total transaction of £6,974.84 ($8,701.15). Corporate insiders own 13.50% of the company’s stock.

Europa Oil & Gas Company Profile

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.