Falcon Oil & Gas (LON:FOG) Sets New 52-Week Low – Should You Sell?

Falcon Oil & Gas Ltd. (LON:FOGGet Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 4.21 ($0.05) and last traded at GBX 4.21 ($0.05), with a volume of 419091 shares. The stock had previously closed at GBX 4.55 ($0.06).

Falcon Oil & Gas Trading Up 2.3 %

The stock’s fifty day moving average price is GBX 4.77 and its two-hundred day moving average price is GBX 5.61. The firm has a market capitalization of £48.84 million, a price-to-earnings ratio of -30.83 and a beta of 0.51.

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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