Nostrum Oil & Gas (LON:NOG) Shares Down 10.3% – What’s Next?

Shares of Nostrum Oil & Gas PLC (LON:NOGGet Free Report) fell 10.3% during mid-day trading on Tuesday . The stock traded as low as GBX 3.50 ($0.04) and last traded at GBX 3.50 ($0.04). 425,266 shares changed hands during mid-day trading, an increase of 468% from the average session volume of 74,839 shares. The stock had previously closed at GBX 3.90 ($0.05).

Nostrum Oil & Gas Stock Down 16.7 %

The company has a quick ratio of 0.17, a current ratio of 4.86 and a debt-to-equity ratio of 200.65. The company’s fifty day moving average is GBX 3.90 and its 200-day moving average is GBX 4.57. The company has a market cap of £5.50 million, a PE ratio of -0.91, a PEG ratio of -0.07 and a beta of 1.33.

About Nostrum Oil & Gas

(Get Free Report)

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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