IOG (LON:IOG) Shares Cross Below 200 Day Moving Average – Here’s What Happened

IOG plc (LON:IOGGet Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.95 ($0.01) and traded as low as GBX 0.93 ($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 stock has a market capitalization of £4.99 million, a P/E ratio of -19.00 and a beta of 0.40. The company has a debt-to-equity ratio of 4,373.56, a quick ratio of 0.47 and a current ratio of 0.60. The firm has a 50-day moving average price of GBX 0.95 and a 200 day moving average price of GBX 0.95.

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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