Falcon Oil & Gas (LON:FOG) Shares Pass Below 200 Day Moving Average of $8.67

Shares of Falcon Oil & Gas Ltd (LON:FOG) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $8.67 and traded as low as $8.45. Falcon Oil & Gas shares last traded at $8.55, with a volume of 69,901 shares traded.

The firm has a market capitalization of $83.95 million and a P/E ratio of -42.75. The stock’s 50 day simple moving average is GBX 8.39 and its 200 day simple moving average is GBX 8.67.

About Falcon Oil & Gas (LON:FOG)

Falcon Oil & Gas Ltd., an oil and gas company, engages in the acquisition, exploration, and development of unconventional oil and gas assets in Australia, Hungary, South Africa, and Canada. It holds interests in three exploration permits covering an area of approximately 1.4 million net acres in the Beetaloo Basin, Northern Territory, Australia.

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