Nostrum Oil & Gas (LON:NOG) Hits New 1-Year Low at $3.50

Nostrum Oil & Gas PLC (LON:NOG) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 3.50 ($0.04) and last traded at GBX 5.20 ($0.07), with a volume of 3650 shares. The stock had previously closed at GBX 4.50 ($0.06).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “speculative buy” rating and set a GBX 14 ($0.18) price objective on shares of Nostrum Oil & Gas in a report on Tuesday, April 30th.

Nostrum Oil & Gas Price Performance

The business has a fifty day moving average of GBX 5.19 and a 200-day moving average of GBX 6.79. The firm has a market cap of £7.56 million, a PE ratio of 0.12, a PEG ratio of -0.07 and a beta of 1.38. The company has a current ratio of 5.02, a quick ratio of 0.17 and a debt-to-equity ratio of 200.65.

About Nostrum Oil & Gas

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.