Nostrum Oil & Gas (LON:NOG) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

by · The Markets Daily

Nostrum Oil & Gas PLC (LON:NOG – Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 4.15 ($0.05) and traded as low as GBX 3.50 ($0.04). Nostrum Oil & Gas shares last traded at GBX 3.50 ($0.04), with a volume of 36,786 shares trading hands.

Nostrum Oil & Gas Stock Up 23.9 %

The business’s 50 day moving average price is GBX 3.51 and its 200-day moving average price is GBX 4.15. The company has a debt-to-equity ratio of 200.65, a quick ratio of 0.17 and a current ratio of 4.86. The firm has a market capitalization of £5.92 million, a PE ratio of -0.82, a P/E/G ratio of -0.07 and a beta of 1.33.

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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