Falcon Oil & Gas (LON:FOG) Reaches New 52-Week Low – Here’s Why

Shares of Falcon Oil & Gas Ltd. (LON:FOGGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 4.21 ($0.05) and last traded at GBX 4.21 ($0.05), with a volume of 419091 shares. The stock had previously closed at GBX 4.55 ($0.06).

Falcon Oil & Gas Stock Performance

The firm has a market capitalization of £48.84 million, a P/E ratio of -30.83 and a beta of 0.51. The stock has a fifty day moving average price of GBX 4.77 and a two-hundred day moving average price of GBX 5.61.

Falcon Oil & Gas Company Profile

(Get Free Report)

Falcon Oil & Gas Ltd., an oil and gas company, engages in the exploration and development of unconventional oil and gas assets in Australia, South Africa, and Hungary. The company holds 22.5% interests in three exploration permits covering an area of approximately 1 million net acres in the Beetaloo Sub-basin, Northern Territory, Australia.

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