Nostrum Oil & Gas (LON:NOG) Shares Pass Below Fifty Day Moving Average – Here’s What Happened

Nostrum Oil & Gas PLC (LON:NOGGet Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 3.91 ($0.05) and traded as low as GBX 3.70 ($0.05). Nostrum Oil & Gas shares last traded at GBX 3.87 ($0.05), with a volume of 6,585 shares trading hands.

Nostrum Oil & Gas Stock Performance

The stock’s 50 day moving average price is GBX 3.91 and its 200 day moving average price is GBX 4.66. The company has a market cap of £6.54 million, a price-to-earnings ratio of -0.91, a P/E/G ratio of -0.07 and a beta of 1.33. The company has a current ratio of 4.86, a quick ratio of 0.17 and a debt-to-equity ratio of 200.65.

Nostrum Oil & Gas Company Profile

(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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