Nostrum Oil & Gas (LON:NOG) Stock Price Passes Below 50-Day Moving Average of $3.63

Nostrum Oil & Gas PLC (LON:NOGGet Rating)’s share price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 3.63 ($0.04) and traded as low as GBX 2.50 ($0.03). Nostrum Oil & Gas shares last traded at GBX 2.60 ($0.03), with a volume of 295,880 shares changing hands.

Nostrum Oil & Gas Stock Performance

The stock has a market cap of £4.82 million and a P/E ratio of -0.31. The company has a debt-to-equity ratio of 200.65, a current ratio of 0.19 and a quick ratio of 0.17. The firm’s 50-day moving average price is GBX 3.63 and its 200-day moving average price is GBX 5.48.

Nostrum Oil & Gas Company Profile

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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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