Falcon Oil & Gas (LON:FOG) Share Price Passes Below 200 Day Moving Average of $8.32

Falcon Oil & Gas Ltd. (LON:FOG)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 8.32 ($0.11) and traded as low as GBX 7.05 ($0.09). Falcon Oil & Gas shares last traded at GBX 7.25 ($0.09), with a volume of 858,039 shares.

Falcon Oil & Gas Stock Down 1.4 %

The firm’s 50-day simple moving average is GBX 9.69 and its 200 day simple moving average is GBX 8.31. The stock has a market capitalization of £74.36 million, a P/E ratio of -30.83 and a beta of 0.64.

Falcon Oil & Gas Company Profile

Falcon Oil & Gas Ltd., an oil and gas company, engages in the exploration, and development of unconventional oil and gas assets in Australia, South Africa, and Hungary. The company holds 22.5% interests in three exploration permits covering an area of approximately 1 million net acres in the Beetaloo Sub-basin, Northern Territory, Australia.