Free Trial

Falcon Oil & Gas (LON:FOG) Share Price Crosses Below 200-Day Moving Average - Should You Sell?

Falcon Oil & Gas logo with Energy background

Key Points

  • The stock price of Falcon Oil & Gas fell below its 200-day moving average, marking a significant technical indicator for investors.
  • As of the report, Falcon's shares traded at GBX 6.70, with a market capitalization of approximately £97.16 million.
  • The company is primarily engaged in the exploration and development of oil and gas assets in Australia, South Africa, and Hungary, covering around 12.3 million gross acres.
  • Want stock alerts on Falcon Oil & Gas? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Falcon Oil & Gas Ltd. (LON:FOG - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 6.39 ($0.09) and traded as low as GBX 6.35 ($0.09). Falcon Oil & Gas shares last traded at GBX 6.70 ($0.09), with a volume of 362,990 shares.

Falcon Oil & Gas Price Performance

The stock's fifty day moving average price is GBX 6.80 and its 200 day moving average price is GBX 6.38. The stock has a market capitalization of £100.21 million, a P/E ratio of -35.58 and a beta of 0.51.

About Falcon Oil & Gas

(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.

Recommended Stories

Should You Invest $1,000 in Falcon Oil & Gas Right Now?

Before you consider Falcon Oil & Gas, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Falcon Oil & Gas wasn't on the list.

While Falcon Oil & Gas currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Tesla’s Future Unleashed: Elon’s Robotics Move Changes Everything
Top Trades: Massive Gains and Costly Mistakes to Avoid
NVIDIA Earnings: All Signs Point to More Growth Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines