Shares of Falcon Oil & Gas Ltd. (LON:FOG – Get Free Report) shot up 25.6% on Tuesday . The stock traded as high as GBX 7.50 ($0.09) and last traded at GBX 7.35 ($0.09). 772,149 shares changed hands during mid-day trading, an increase of 108% from the average session volume of 371,915 shares. The stock had previously closed at GBX 5.85 ($0.07).
Falcon Oil & Gas Stock Down 0.6 %
The company’s 50-day moving average is GBX 4.49 and its two-hundred day moving average is GBX 4.96. The company has a market capitalization of £72.82 million, a P/E 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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