Falcon Oil & Gas (LON:FOG) Sets New 52-Week Low – What’s Next?

Falcon Oil & Gas Ltd. (LON:FOGGet Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 4.20 ($0.05) and last traded at GBX 4.20 ($0.05), with a volume of 188931 shares traded. The stock had previously closed at GBX 4.50 ($0.06).

Falcon Oil & Gas Stock Performance

The firm has a market capitalization of £46.62 million, a P/E ratio of -30.83 and a beta of 0.51. The firm has a 50 day simple moving average of GBX 4.72 and a two-hundred day simple moving average of GBX 5.56.

About Falcon Oil & Gas

(Get Free Report)

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.

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