Europa Oil & Gas (LON:EOG) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Europa Oil & Gas (Holdings) plc (LON:EOG)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 0.93 ($0.01) and traded as low as GBX 0.90 ($0.01). Europa Oil & Gas shares last traded at GBX 0.90 ($0.01), with a volume of 598,272 shares.

Europa Oil & Gas Stock Down 3.3 %

The firm’s 50 day simple moving average is GBX 0.86 and its two-hundred day simple moving average is GBX 0.93. The firm has a market cap of £8.34 million, a price-to-earnings ratio of 23.50 and a beta of 0.61. The company has a current ratio of 1.59, a quick ratio of 1.91 and a debt-to-equity ratio of 0.16.

Insider Activity

In other news, insider Will Holland purchased 697,484 shares of the business’s stock in a transaction dated Wednesday, October 30th. The stock was bought at an average price of GBX 1 ($0.01) per share, with a total value of £6,974.84 ($8,582.31). Corporate insiders own 13.50% of the company’s stock.

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.