IOG (LON:IOG) Trading Up 2.7% – Here’s What Happened

Shares of IOG plc (LON:IOGGet Free Report) traded up 2.7% during mid-day trading on Thursday . The stock traded as high as GBX 1.08 ($0.01) and last traded at GBX 0.95 ($0.01). 7,103,820 shares traded hands during trading, a decline of 46% from the average session volume of 13,120,045 shares. The stock had previously closed at GBX 0.93 ($0.01).

IOG Price Performance

The firm has a market cap of £4.99 million, a price-to-earnings ratio of -19.00 and a beta of 0.40. The business’s 50-day moving average price is GBX 0.95 and its two-hundred day moving average price is 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.

IOG Company Profile

(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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