Independent Oil & Gas (LON:IOG) Stock Rating Reaffirmed by FinnCap

Independent Oil & Gas (LON:IOG)‘s stock had its “corporate” rating reiterated by FinnCap in a research report issued on Tuesday, ThisIsMoney.Co.Uk reports.

Several other research firms also recently issued reports on IOG. Peel Hunt reiterated a “buy” rating on shares of Independent Oil & Gas in a research note on Monday, September 23rd. Peel Hunt reiterated a “buy” rating and set a GBX 50 ($0.65) price objective on shares of Independent Oil & Gas in a research note on Wednesday, September 11th.

Independent Oil & Gas stock opened at GBX 20.50 ($0.27) on Tuesday. Independent Oil & Gas has a 1 year low of GBX 10 ($0.13) and a 1 year high of GBX 28.99 ($0.38). The firm has a 50 day moving average price of GBX 19.76 and a 200 day moving average price of GBX 16.19. The company has a market cap of $69.97 million and a price-to-earnings ratio of -4.36. The company has a debt-to-equity ratio of 380.79, a quick ratio of 1.04 and a current ratio of 1.06.

Independent Oil & Gas Company Profile

Independent Oil and Gas plc explores for and develops oil and gas properties in the North Sea, the United Kingdom. It primarily focuses on the development of hydrocarbon reserves, as well as the acquisition, trading, and monetization of its license interests. The company 100% working interests in the Blythe gas field in the southern North Sea; the Skipper license located to the south east of the Shetlands in the northern North Sea; and the Nailsworth, Elland, and Southwark fields in the southern North Sea.

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