Nostrum Oil & Gas (LON:NOG) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

Shares of Nostrum Oil & Gas PLC (LON:NOGGet Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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.

Nostrum Oil & Gas Trading Up 9.0 %

The firm has a fifty day moving average of GBX 3.51 and a two-hundred day moving average of GBX 4.14. The company has a market cap of £6.04 million, a PE ratio of -0.84, a price-to-earnings-growth 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.

About Nostrum Oil & Gas

(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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