Falcon Oil & Gas (LON:FOG) Stock Price Down 10.3% – Here’s What Happened

Falcon Oil & Gas Ltd. (LON:FOGGet Free Report) shares were down 10.3% during trading on Wednesday . The stock traded as low as GBX 6.50 ($0.08) and last traded at GBX 6.50 ($0.08). Approximately 208,941 shares were traded during mid-day trading, a decline of 41% from the average daily volume of 354,981 shares. The stock had previously closed at GBX 7.25 ($0.09).

Falcon Oil & Gas Stock Down 10.3 %

The company has a 50 day simple moving average of GBX 4.39 and a two-hundred day simple moving average of GBX 4.94. The company has a market capitalization of £72.15 million, a P/E ratio of -30.83 and a beta of 0.51.

Falcon Oil & Gas Company Profile

(Get Free Report)

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.

Further Reading

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