Europa Oil & Gas (LON:EOG) Hits New 1-Year Low – Should You Sell?

Shares of Europa Oil & Gas (Holdings) plc (LON:EOG) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 0.56 ($0.01) and last traded at GBX 0.56 ($0.01), with a volume of 914097 shares traded. The stock had previously closed at GBX 0.60 ($0.01).

Europa Oil & Gas Stock Down 1.6 %

The company has a debt-to-equity ratio of 0.32, a current ratio of 2.01 and a quick ratio of 1.91. The firm has a market capitalization of £5.43 million, a P/E ratio of -0.80 and a beta of 0.61. The firm’s fifty day moving average price is GBX 0.73 and its 200-day moving average price is GBX 0.83.

Europa Oil & Gas (LON:EOG) last issued its quarterly earnings results 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 net margin of 190.16% and a negative return on equity of 102.27%. As a group, equities research analysts forecast that Europa Oil & Gas will post 40.5714332 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Will Holland acquired 765,763 shares of Europa Oil & Gas stock in a transaction dated Thursday, March 20th. The stock was acquired at an average cost of GBX 1 ($0.01) per share, with a total value of £7,657.63 ($9,878.26). Insiders own 13.50% of the company’s stock.

Europa Oil & Gas Company Profile

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.