Europa Oil & Gas (LON:EOG) Stock Price Up 13.7% – What’s Next?

Europa Oil & Gas (Holdings) plc (LON:EOG)’s share price was up 13.7% during trading on Thursday . The company traded as high as GBX 0.74 ($0.01) and last traded at GBX 0.74 ($0.01). Approximately 8,381,987 shares changed hands during trading, an increase of 424% from the average daily volume of 1,599,158 shares. The stock had previously closed at GBX 0.65 ($0.01).

Europa Oil & Gas Trading Up 7.3 %

The company has a market cap of £7.46 million, a P/E ratio of -1.10 and a beta of 0.61. The business has a fifty day moving average price of GBX 0.77 and a 200-day moving average price of GBX 0.85. The company has a quick ratio of 1.91, a current ratio of 2.01 and a debt-to-equity ratio of 0.32.

Europa Oil & Gas (LON:EOG) last issued its quarterly earnings data on Thursday, March 20th. The company reported GBX (0.04) ($0.00) earnings per share (EPS) for the quarter. Europa Oil & Gas had a negative return on equity of 102.27% and a negative net margin of 190.16%. On average, analysts forecast that Europa Oil & Gas will post 40.5714332 earnings per share for the current year.

Insider Transactions at Europa Oil & Gas

In related news, insider Will Holland purchased 623,153 shares of the business’s stock in a transaction that occurred on Friday, January 31st. The stock was acquired at an average cost of GBX 1 ($0.01) per share, for a total transaction of £6,231.53 ($8,045.87). Corporate insiders own 13.50% of the company’s stock.

About Europa Oil & Gas

Europa Oil & Gas (Holdings) plc (AIM: EOG) has a diversified portfolio of multi-stage hydrocarbon assets which includes production, development and exploration interests, in countries that are politically stable, have transparent licensing processes, and offer attractive terms.