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Falcon Oil & Gas (LON:FOG) Stock Price Passes Below 200 Day Moving Average - Here's What Happened

Falcon Oil & Gas logo with Energy background

Falcon Oil & Gas Ltd. (LON:FOG - Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 4.97 ($0.06) and traded as low as GBX 4.55 ($0.06). Falcon Oil & Gas shares last traded at GBX 4.60 ($0.06), with a volume of 333,396 shares traded.

Falcon Oil & Gas Stock Up 3.4 %

The firm has a market cap of £51.06 million, a price-to-earnings ratio of -30.83 and a beta of 0.51. The business has a 50 day moving average price of GBX 4.28 and a 200-day moving average price of GBX 4.97.

Falcon Oil & Gas Company Profile

(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.

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