IOG (LON:IOG) Stock Price Passes Below Fifty Day Moving Average – Here’s What Happened

IOG plc (LON:IOGGet Free Report)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 0.95 ($0.01) and traded as low as GBX 0.93 ($0.01). IOG shares last traded at GBX 0.95 ($0.01), with a volume of 7,103,820 shares.

IOG Price Performance

The company has a debt-to-equity ratio of 4,373.56, a quick ratio of 0.47 and a current ratio of 0.60. The business’s fifty day simple moving average is GBX 0.95 and its 200 day simple moving average is GBX 0.95. The stock has a market cap of £4.99 million, a price-to-earnings ratio of -19.00 and a beta of 0.40.

IOG Company Profile

(Get Free Report)

IOG plc engages in the exploration and development of oil and gas properties in the North Sea, the United Kingdom. It focuses on the gas resources. The company holds 50% working interests in the Blythe gas field, Elgood, Elland, Nailsworth, Southwark, Goddard, Southsea, Abbeydale, Thornbridge, Kelham, Panther, and Grafton licences.

Further Reading

Receive News & Ratings for IOG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IOG and related companies with MarketBeat.com's FREE daily email newsletter.