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Falcon Oil & Gas (LON:FOG) Stock Price Up 25.6% - Should You Buy?

Falcon Oil & Gas logo with Energy background

Falcon Oil & Gas Ltd. (LON:FOG - Get Free Report) shot up 25.6% during trading on Tuesday . The stock traded as high as GBX 7.50 ($0.09) and last traded at GBX 7.35 ($0.09). 772,149 shares traded hands during trading, an increase of 108% from the average session volume of 371,915 shares. The stock had previously closed at GBX 5.85 ($0.07).

Falcon Oil & Gas Trading Up 21.1 %

The firm's 50-day simple moving average is GBX 4.39 and its two-hundred day simple moving average is GBX 4.94. The stock has a market capitalization of £78.67 million, a PE ratio of -30.83 and a beta of 0.51.

About Falcon Oil & Gas

(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.

Further Reading

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