Nostrum Oil & Gas (LON:NOG) Shares Down 10.3% – Time to Sell?

Nostrum Oil & Gas PLC (LON:NOGGet Free Report) shares were down 10.3% during trading on Tuesday . The company traded as low as GBX 3.50 ($0.04) and last traded at GBX 3.50 ($0.04). Approximately 425,266 shares were traded during trading, an increase of 468% from the average daily volume of 74,839 shares. The stock had previously closed at GBX 3.90 ($0.05).

Nostrum Oil & Gas Price Performance

The business’s 50-day moving average price is GBX 3.90 and its 200 day moving average price is GBX 4.57. The stock has a market capitalization of £5.50 million, a PE ratio of -0.91, a price-to-earnings-growth ratio of -0.07 and a beta of 1.33. The company has a debt-to-equity ratio of 200.65, a quick ratio of 0.17 and a current ratio of 4.86.

About Nostrum Oil & Gas

(Get Free Report)

Nostrum Oil & Gas PLC, an independent oil and gas company, engages in the exploration, development, and production of oil and gas in the pre-Caspian Basin. The company discovers and develops oil and gas reserves, as well as produces and sells crude oil, stabilized condensate, liquefied petroleum gas, and dry gas.

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