Europa Oil & Gas (LON:EOG) Share Price Passes Below Two Hundred Day Moving Average of $2.46

Shares of Europa Oil & Gas (Holdings) Plc (LON:EOG) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $2.46 and traded as low as $1.70. Europa Oil & Gas shares last traded at $1.75, with a volume of 295,380 shares trading hands.

Separately, FinnCap restated a “corporate” rating on shares of Europa Oil & Gas in a research report on Thursday, November 21st.

The stock has a 50 day simple moving average of GBX 2.09 and a 200 day simple moving average of GBX 2.44. The company has a market capitalization of $7.56 million and a price-to-earnings ratio of -8.50.

Europa Oil & Gas Company Profile (LON:EOG)

Europa Oil & Gas (Holdings) plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in the United Kingdom and Ireland. The company owns a 100% working interest in the West Firsby and Crosby Warren fields; and a 65% non-operated interest in the Whisby-4 field located in the East Midlands, the United Kingdom.

Further Reading: Are we seeing the beginning of a new bubble?

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