Falcon Oil & Gas Ltd. (LON:FOG – Get Free Report)’s share price dropped 10.3% during trading on Wednesday . The stock traded as low as GBX 6.50 ($0.08) and last traded at GBX 6.50 ($0.08). Approximately 208,941 shares changed hands during mid-day trading, a decline of 41% from the average daily volume of 354,981 shares. The stock had previously closed at GBX 7.25 ($0.09).
Falcon Oil & Gas Price Performance
The firm has a market cap of £81.59 million, a PE ratio of -30.83 and a beta of 0.51. The business has a fifty day moving average price of GBX 4.49 and a two-hundred day moving average price of GBX 4.96.
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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