Falcon Oil & Gas (LON:FOG) Sets New 12-Month Low – Here’s Why

Falcon Oil & Gas Ltd. (LON:FOGGet Free Report)’s share price hit a new 52-week low on Tuesday . The company traded as low as GBX 4.40 ($0.06) and last traded at GBX 4.60 ($0.06), with a volume of 202574 shares changing hands. The stock had previously closed at GBX 4.70 ($0.06).

Falcon Oil & Gas Stock Performance

The stock has a market cap of £52.17 million, a price-to-earnings ratio of -30.83 and a beta of 0.51. The firm has a fifty day simple moving average of GBX 4.99 and a 200-day simple moving average of GBX 5.91.

Falcon Oil & Gas Company Profile

(Get Free Report)

Falcon Oil & Gas Ltd., an oil and gas company, engages in the exploration and development of unconventional oil and gas assets in Australia, South Africa, and Hungary. The company holds 22.5% interests in three exploration permits covering an area of approximately 1 million net acres in the Beetaloo Sub-basin, Northern Territory, Australia.

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