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Falcon Oil & Gas (LON:FOG) Shares Down 5.7% - Time to Sell?

Falcon Oil & Gas logo with Energy background

Falcon Oil & Gas Ltd. (LON:FOG - Get Free Report) was down 5.7% on Tuesday . The stock traded as low as GBX 6.44 ($0.08) and last traded at GBX 6.68 ($0.08). Approximately 353,706 shares traded hands during trading, a decline of 18% from the average daily volume of 429,119 shares. The stock had previously closed at GBX 7.08 ($0.09).

Falcon Oil & Gas Stock Performance

The stock has a market cap of £82.47 million, a P/E ratio of -30.83 and a beta of 0.51. The firm has a 50 day moving average of GBX 5.46 and a two-hundred day moving average of GBX 5.11.

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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