Prospex Oil and Gas (LON:PXOG) Stock Price Up 1.7% – Still a Buy?

Shares of Prospex Oil and Gas PLC (LON:PXOGGet Free Report) were up 1.7% during trading on Tuesday . The stock traded as high as GBX 2.30 ($0.03) and last traded at GBX 1.53 ($0.02). Approximately 540,413 shares traded hands during trading, a decline of 95% from the average daily volume of 11,940,000 shares. The stock had previously closed at GBX 1.50 ($0.02).

Prospex Oil and Gas Stock Performance

The stock has a 50 day moving average price of GBX 1.53 and a two-hundred day moving average price of GBX 1.53. The company has a market capitalization of £1.35 million and a price-to-earnings ratio of -15.25. The company has a debt-to-equity ratio of 8.99, a current ratio of 2.16 and a quick ratio of 2.08.

Prospex Oil and Gas Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Prospex Oil and Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prospex Oil and Gas and related companies with MarketBeat.com's FREE daily email newsletter.