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Falcon Oil & Gas (CVE:FO) Share Price Crosses Above Fifty Day Moving Average - Should You Sell?

Falcon Oil & Gas logo with Energy background

Falcon Oil & Gas Ltd. (CVE:FO - Get Free Report)'s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.11 and traded as high as C$0.13. Falcon Oil & Gas shares last traded at C$0.12, with a volume of 754,150 shares changing hands.

Falcon Oil & Gas Price Performance

The stock has a market cap of C$93.58 million, a price-to-earnings ratio of -33.24 and a beta of 0.51. The stock's 50-day moving average is C$0.11 and its 200-day moving average is C$0.11.

About Falcon Oil & Gas

(Get Free Report)

Falcon Oil & Gas Ltd., an oil and gas company, engages in the exploration and development of unconventional oil and gas assets in Australia, South Africa, and Hungary. The company holds 22.5% interests in three exploration permits covering an area of approximately 1 million net acres in the Beetaloo Sub-basin, Northern Territory, Australia.

Further Reading

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