Falcon Oil & Gas (LON:FOG) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Falcon Oil & Gas Ltd. (LON:FOGGet Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 5.18 ($0.07) and traded as high as GBX 6.75 ($0.09). Falcon Oil & Gas shares last traded at GBX 6.60 ($0.08), with a volume of 171,236 shares.

Falcon Oil & Gas Stock Performance

The company has a 50-day moving average price of GBX 5.96 and a 200-day moving average price of GBX 5.18. The firm has a market capitalization of £91.61 million, a price-to-earnings ratio of -32.53 and a beta of 0.51.

Falcon Oil & Gas Company Profile

(Get Free Report)

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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