Europa Oil & Gas (LON:EOG) Hits New 12-Month Low – Here’s Why

Europa Oil & Gas (Holdings) plc (LON:EOG)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 0.56 ($0.01) and last traded at GBX 0.56 ($0.01), with a volume of 914097 shares traded. The stock had previously closed at GBX 0.60 ($0.01).

Europa Oil & Gas Trading Down 1.6 %

The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.91 and a current ratio of 2.01. The company has a market capitalization of £5.43 million, a PE ratio of -0.80 and a beta of 0.61. The business has a fifty day moving average price of GBX 0.73 and a 200 day moving average price of GBX 0.83.

Europa Oil & Gas (LON:EOG) last announced its quarterly earnings results on Thursday, March 20th. The company reported GBX (0.04) ($0.00) earnings per share for the quarter. Europa Oil & Gas had a negative net margin of 190.16% and a negative return on equity of 102.27%. Analysts expect that Europa Oil & Gas will post 40.5714332 EPS for the current fiscal year.

Insider Activity at Europa Oil & Gas

In other news, insider Will Holland acquired 765,763 shares of the stock in a transaction on Thursday, March 20th. The stock was bought at an average price of GBX 1 ($0.01) per share, with a total value of £7,657.63 ($9,878.26). 13.50% of the stock is owned by insiders.

Europa Oil & Gas Company Profile

Europa Oil & Gas (Holdings) plc (AIM: EOG) has a diversified portfolio of multi-stage hydrocarbon assets which includes production, development and exploration interests, in countries that are politically stable, have transparent licensing processes, and offer attractive terms.