Zacks Investment Research Downgrades NOSTRUM OIL & G (NSTRY) to Strong Sell

NOSTRUM OIL & G (OTCMKTS:NSTRY) was downgraded by Zacks Investment Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Friday.

According to Zacks, “Nostrum Oil & Gas PLC is an oil and gas company. It engaged in the production, development and exploration of oil and gas primarily in the pre-Caspian Basin. The company’s principal producing asset consists of Nostrum in the Chinarevskoye field. Nostrum Oil & Gas PLC is based in Amsterdam, Netherlands. “

NOSTRUM OIL & G (OTCMKTS NSTRY) opened at $18.12 on Friday. NOSTRUM OIL & G has a 12 month low of $17.50 and a 12 month high of $26.42. The firm has a market cap of $852.47 and a price-to-earnings ratio of -62.48. The company has a quick ratio of 1.50, a current ratio of 1.72 and a debt-to-equity ratio of 1.52.

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NOSTRUM OIL & G Company Profile

Nostrum Oil and Gas PLC, an independent oil and gas company, engages in the exploration, development, and production of oil and gas in the pre-Caspian Basin. The company discovers and develops oil and gas reserves, as well as produces and sells crude oil, stabilized condensate, liquefied petroleum gas, and dry gas.

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