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Falcon Oil & Gas (LON:FOG) Stock Price Passes Above 200-Day Moving Average - Time to Sell?

Falcon Oil & Gas logo with Energy background

Falcon Oil & Gas Ltd. (LON:FOG - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 5.54 ($0.07) and traded as high as GBX 5.87 ($0.08). Falcon Oil & Gas shares last traded at GBX 5.87 ($0.08), with a volume of 104,600 shares.

Falcon Oil & Gas Stock Up 2.8%

The stock has a 50 day moving average of GBX 5.95 and a 200 day moving average of GBX 5.56. The firm has a market cap of £77.73 million, a price-to-earnings ratio of -27.60 and a beta of 0.51.

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.

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