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Falcon Oil & Gas (LON:FOG) Shares Up 7.6% - Time to Buy?

Falcon Oil & Gas logo with Energy background

Falcon Oil & Gas Ltd. (LON:FOG - Get Free Report)'s stock price was up 7.6% on Monday . The stock traded as high as GBX 7 ($0.09) and last traded at GBX 7 ($0.09). Approximately 178,971 shares changed hands during mid-day trading, a decline of 39% from the average daily volume of 293,391 shares. The stock had previously closed at GBX 6.50 ($0.09).

Falcon Oil & Gas Stock Performance

The firm has a market cap of £90.48 million, a P/E ratio of -32.13 and a beta of 0.51. The stock's 50 day simple moving average is GBX 6.55 and its 200 day simple moving average is GBX 6.31.

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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