Falcon Oil & Gas Ltd. (LON:FOG – Get Free Report)’s stock price shot up 25.6% during mid-day trading on Tuesday . The stock traded as high as GBX 7.50 ($0.09) and last traded at GBX 7.35 ($0.09). 772,149 shares changed hands during mid-day trading, an increase of 108% from the average session volume of 371,915 shares. The stock had previously closed at GBX 5.85 ($0.07).
Falcon Oil & Gas Trading Up 21.1 %
The business has a fifty day moving average price of GBX 4.39 and a two-hundred day moving average price of GBX 4.94. The firm has a market capitalization of £78.67 million, a PE ratio of -30.83 and a beta of 0.51.
About Falcon Oil & Gas
Falcon Oil & Gas Ltd. (“Falcon” or “Company”) is an international oil and gas company engaged in the exploration and development of unconventional oil and gas assets. The Company’s principal interests are located in two major underexplored basins in Australia and South Africa; with further interests in Hungary, covering approximately 12.3 million gross acres.
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