Falcon Oil & Gas (LON:FOG) Shares Down 8% – Time to Sell?

Falcon Oil & Gas Ltd. (LON:FOGGet Free Report) dropped 8% during trading on Tuesday . The stock traded as low as GBX 5.61 ($0.07) and last traded at GBX 5.98 ($0.08). Approximately 419,179 shares traded hands during trading, an increase of 20% from the average daily volume of 349,661 shares. The stock had previously closed at GBX 6.50 ($0.08).

Falcon Oil & Gas Stock Down 1.4 %

The firm’s 50 day simple moving average is GBX 6.12 and its 200 day simple moving average is GBX 5.19. The company has a market capitalization of £82.10 million, a PE ratio of -29.15 and a beta of 0.51.

About Falcon Oil & Gas

(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.

Read More

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