Falcon Oil & Gas Ltd. (LON:FOG – Get Free Report)’s stock price dropped 8% on Tuesday . The stock traded as low as GBX 5.61 ($0.07) and last traded at GBX 5.98 ($0.08). Approximately 419,179 shares were traded during trading, an increase of 20% from the average daily volume of 349,661 shares. The stock had previously closed at GBX 6.50 ($0.08).
Falcon Oil & Gas Price Performance
The firm has a fifty day moving average of GBX 6.12 and a two-hundred day moving average of GBX 5.19. The stock has a market capitalization of £82.10 million, a P/E ratio of -29.15 and a beta of 0.51.
About Falcon Oil & Gas
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.
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