IOG (LON:IOG) Shares Cross Above Fifty Day Moving Average of $0.95

IOG plc (LON:IOGGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 0.95 ($0.01) and traded as high as GBX 1.08 ($0.01). IOG shares last traded at GBX 0.95 ($0.01), with a volume of 7,103,820 shares changing hands.

IOG Price Performance

The firm has a 50-day simple moving average of GBX 0.95 and a 200 day simple moving average of GBX 0.95. The company has a debt-to-equity ratio of 4,373.56, a current ratio of 0.60 and a quick ratio of 0.47. The company has a market capitalization of £4.99 million, a PE ratio of -19.00 and a beta of 0.40.

About IOG

(Get Free Report)

IOG plc engages in the exploration and development of oil and gas properties in the North Sea, the United Kingdom. It focuses on the gas resources. The company holds 50% working interests in the Blythe gas field, Elgood, Elland, Nailsworth, Southwark, Goddard, Southsea, Abbeydale, Thornbridge, Kelham, Panther, and Grafton licences.

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