Falcon Oil & Gas Ltd. (LON:FOG - Get Free Report) shares shot up 18.5% on Monday . The stock traded as high as GBX 5.45 ($0.07) and last traded at GBX 5.45 ($0.07). 642,166 shares traded hands during mid-day trading, an increase of 68% from the average session volume of 381,853 shares. The stock had previously closed at GBX 4.60 ($0.06).
Falcon Oil & Gas Trading Up 17.4 %
The company has a market cap of £59.94 million, a price-to-earnings ratio of -30.83 and a beta of 0.51. The business's 50 day moving average price is GBX 4.29 and its 200-day moving average price is GBX 4.95.
Falcon Oil & Gas Company Profile
(
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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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