Falcon Oil & Gas (CVE:FO) Shares Pass Below 50 Day Moving Average of $0.15

Falcon Oil & Gas Ltd. (CVE:FOGet Rating) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.15 and traded as low as C$0.15. Falcon Oil & Gas shares last traded at C$0.15, with a volume of 105,000 shares trading hands.

Falcon Oil & Gas Trading Down 3.3 %

The stock’s 50 day moving average price is C$0.15 and its 200 day moving average price is C$0.13. The company has a market cap of C$150.80 million, a price-to-earnings ratio of -14.50 and a beta of 0.88.

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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