Falcon Oil & Gas (LON:FOG) Trading Down 10.3% – Here’s What Happened

Shares of Falcon Oil & Gas Ltd. (LON:FOGGet Free Report) traded down 10.3% during mid-day trading on Thursday . The company traded as low as GBX 6.50 ($0.08) and last traded at GBX 6.50 ($0.08). 227,880 shares traded hands during trading, a decline of 41% from the average session volume of 384,807 shares. The stock had previously closed at GBX 7.25 ($0.09).

Falcon Oil & Gas Trading Down 3.7 %

The company has a market cap of £90.22 million, a price-to-earnings ratio of -32.03 and a beta of 0.51. The stock has a 50-day simple moving average of GBX 5.75 and a 200-day simple moving average of GBX 5.16.

Falcon Oil & Gas Company Profile

(Get Free Report)

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.

Further Reading

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