Falcon Oil & Gas Ltd. (LON:FOG – Get Free Report)’s stock price shot up 9.4% on Friday . The stock traded as high as GBX 7 ($0.09) and last traded at GBX 7 ($0.09). 95,226 shares traded hands during trading, a decline of 75% from the average session volume of 384,397 shares. The stock had previously closed at GBX 6.40 ($0.08).
Falcon Oil & Gas Stock Performance
The company’s fifty day moving average is GBX 5.39 and its two-hundred day moving average is GBX 5.10. The firm has a market cap of £82.03 million, a price-to-earnings ratio of -30.83 and a beta of 0.51.
About Falcon Oil & Gas
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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