Falcon Oil & Gas (LON:FOG) Stock Passes Below 200 Day Moving Average of $8.38

Falcon Oil & Gas Ltd. (LON:FOG)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 8.38 ($0.10) and traded as low as GBX 6.63 ($0.08). Falcon Oil & Gas shares last traded at GBX 6.63 ($0.08), with a volume of 334,578 shares changing hands.

Falcon Oil & Gas Trading Up 1.9 %

The company’s fifty day simple moving average is GBX 8.81 and its 200 day simple moving average is GBX 8.38. The stock has a market capitalization of £70.20 million, a P/E ratio of -30.83 and a beta of 0.58.

Falcon Oil & Gas Company Profile

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. The company 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.