Europa Oil & Gas (LON:EOG) Stock Price Down 8% – Here’s Why

Europa Oil & Gas (Holdings) plc (LON:EOG)’s stock price traded down 8% on Tuesday . The stock traded as low as GBX 0.92 ($0.01) and last traded at GBX 0.97 ($0.01). 3,053,535 shares traded hands during trading, an increase of 57% from the average session volume of 1,950,677 shares. The stock had previously closed at GBX 1.05 ($0.01).

Europa Oil & Gas Trading Down 8.0 %

The company has a debt-to-equity ratio of 0.16, a current ratio of 1.59 and a quick ratio of 1.91. The firm’s fifty day moving average is GBX 0.95 and its two-hundred day moving average is GBX 0.95. The firm has a market capitalization of £9.27 million, a PE ratio of 23.50 and a beta of 0.61.

Insider Buying and Selling

In other Europa Oil & Gas news, insider Will Holland acquired 1,130,016 shares of Europa Oil & Gas stock in a transaction on Monday, July 22nd. The stock was purchased at an average price of GBX 1 ($0.01) per share, for a total transaction of £11,300.16 ($14,756.02). 13.50% of the stock is currently owned by corporate insiders.

Europa Oil & Gas Company Profile

Europa Oil & Gas (Holdings) plc, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas properties in the United Kingdom and Ireland. The company owns a working interest in the West Firsby and Crosby Warren fields, and a 65% non-operated interest in the Whisby W4 well located in the East Midlands; and the Inishkea prospect comprising FEL 4/19 licence located in the Slyne basin, Ireland.