Falcon Oil & Gas (LON:FOG) Stock Price Crosses Below Two Hundred Day Moving Average of $9.50

Falcon Oil & Gas Ltd. (LON:FOG – Get Rating) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 9.50 ($0.12) and traded as low as GBX 7.57 ($0.09). Falcon Oil & Gas shares last traded at GBX 7.70 ($0.09), with a volume of 48,931 shares traded.

Falcon Oil & Gas Stock Performance

The firm has a market cap of £80.41 million and a price-to-earnings ratio of -25.67. The firm has a 50-day moving average price of GBX 8.32 and a two-hundred day moving average price of GBX 9.50.

Falcon Oil & Gas Company Profile

(Get Rating)

Falcon Oil & Gas Ltd., an oil and gas company, engages in the exploration, and development of unconventional oil and gas assets in Australia, South Africa, and Hungary. It holds 22.5% interests in three exploration permits covering an area of approximately 1 million net acres in the Beetaloo Sub-basin, Northern Territory, Australia.

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