Shares of Falcon Oil & Gas Ltd. (LON:FOG – Get Free Report) fell 8% during mid-day trading on Tuesday . The company traded as low as GBX 5.61 ($0.07) and last traded at GBX 5.98 ($0.08). 419,179 shares traded hands during trading, an increase of 20% from the average session volume of 349,661 shares. The stock had previously closed at GBX 6.50 ($0.08).
Falcon Oil & Gas Trading Down 8.0 %
The stock has a 50-day simple moving average of GBX 6.04 and a 200-day simple moving average of GBX 5.18. The company has a market cap of £83.00 million, a price-to-earnings ratio of -29.47 and a beta of 0.51.
Falcon Oil & Gas Company Profile
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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