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Falcon Oil & Gas (LON:FOG) Stock Price Up 9.4% - Should You Buy?

Falcon Oil & Gas logo with Energy background

Falcon Oil & Gas Ltd. (LON:FOG - Get Free Report)'s stock price traded up 9.4% during mid-day trading on Friday . The stock traded as high as GBX 7 ($0.09) and last traded at GBX 7 ($0.09). 95,226 shares traded hands during trading, a decline of 75% from the average session volume of 384,397 shares. The stock had previously closed at GBX 6.40 ($0.08).

Falcon Oil & Gas Price Performance

The company has a 50-day simple moving average of GBX 5.46 and a 200-day simple moving average of GBX 5.11. The firm has a market cap of £80.48 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.

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