Prospex Oil and Gas (LON:PXOG) Trading 5.6% Higher

Prospex Oil and Gas PLC (LON:PXOG) shot up 5.6% during mid-day trading on Thursday . The stock traded as high as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00), 1,107,344 shares changed hands during trading. A decline of 91% from the average session volume of 11,940,000 shares. The stock had previously closed at GBX 0.09 ($0.00).

The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 7.56. The firm has a market capitalization of $1.56 million and a P/E ratio of 1.00. The company’s 50 day moving average is GBX 0.10 and its 200-day moving average is GBX 0.12.

About Prospex Oil and Gas (LON:PXOG)

Prospex Oil And Gas Plc operates as an oil and gas investment company in Europe. It has a 50% economic interest in the exploration area of the EIV-1 Suceava Concession in Romania; and 17% working interest in the Podere Gallina Exploration Permit, which covers an area of 500 square kilometers located in onshore northern Italy in the Po Valley.

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