Shares of Falcon Oil & Gas Ltd. (LON:FOG – Get Free Report) rose 25.6% during trading on Tuesday . The company traded as high as GBX 7.50 ($0.09) and last traded at GBX 7.35 ($0.09). Approximately 772,149 shares traded hands during mid-day trading, an increase of 108% from the average daily volume of 371,915 shares. The stock had previously closed at GBX 5.85 ($0.07).
Falcon Oil & Gas Price Performance
The business has a 50 day moving average of GBX 4.49 and a 200 day moving average of GBX 4.96. The company has a market cap of £72.82 million, a PE ratio of -30.83 and a beta of 0.51.
About Falcon Oil & Gas
Falcon Oil & Gas Ltd. (“Falcon” or “Company”) is an international oil and gas company engaged in the exploration and development of unconventional oil and gas assets. The Company’s principal interests are located in two major underexplored basins in Australia and South Africa; with further interests in Hungary, covering approximately 12.3 million gross acres.
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