Shares of Falcon Oil & Gas Ltd. (CVE:FO - Get Free Report) were down 15.4% during trading on Wednesday . The company traded as low as C$0.10 and last traded at C$0.11. Approximately 501,263 shares changed hands during trading, an increase of 152% from the average daily volume of 198,793 shares. The stock had previously closed at C$0.13.
Falcon Oil & Gas Stock Performance
The stock's 50 day moving average is C$0.10 and its 200 day moving average is C$0.09. The company has a market capitalization of C$122.10 million, a PE ratio of -12.50 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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Falcon Oil & Gas, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Falcon Oil & Gas wasn't on the list.
While Falcon Oil & Gas currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
