Europa Oil & Gas (LON:EOG) Shares Down 14.3% – Here’s Why

Europa Oil & Gas (Holdings) plc (LON:EOGGet Free Report) fell 14.3% on Thursday . The company traded as low as GBX 0.45 ($0.01) and last traded at GBX 0.45 ($0.01). 634,157 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 2,502,532 shares. The stock had previously closed at GBX 0.53 ($0.01).

Europa Oil & Gas Stock Down 4.8%

The firm has a market capitalization of £4.80 million, a price-to-earnings ratio of -0.71 and a beta of 0.61. The stock has a fifty day moving average of GBX 0.58 and a two-hundred day moving average of GBX 0.72. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.01 and a quick ratio of 1.91.

Insider Activity at Europa Oil & Gas

In related news, insider Will Holland acquired 299,951 shares of the firm’s stock in a transaction that occurred on Tuesday, April 8th. The stock was acquired at an average cost of GBX 1 ($0.01) per share, for a total transaction of £2,999.51 ($4,098.25). 13.50% of the stock is currently owned by company insiders.

Europa Oil & Gas Company Profile

(Get Free Report)

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.

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