Falcon Oil & Gas (CVE:FO) Stock Passes Below 50-Day Moving Average – What’s Next?

Falcon Oil & Gas Ltd. (CVE:FOGet Free Report) shares passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.12 and traded as low as C$0.11. Falcon Oil & Gas shares last traded at C$0.11, with a volume of 70,000 shares trading hands.

Falcon Oil & Gas Stock Performance

The stock’s 50 day simple moving average is C$0.12 and its 200 day simple moving average is C$0.10. The firm has a market cap of C$85.78 million, a PE ratio of -30.47 and a beta of 0.51.

About Falcon Oil & Gas

(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.

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.