Europa Oil & Gas (LON:EOG) Shares Down 15.4% – Here’s Why

Shares of Europa Oil & Gas (Holdings) plc (LON:EOGGet Free Report) fell 15.4% on Tuesday . The stock traded as low as GBX 1.25 and last traded at GBX 1.34. 25,488,154 shares changed hands during trading, an increase of 443% from the average session volume of 4,698,044 shares. The stock had previously closed at GBX 1.58.

Europa Oil & Gas Stock Down 17.4%

The stock has a market cap of £12.67 million, a P/E ratio of -1.84 and a beta of 0.61. The company has a quick ratio of 1.91, a current ratio of 2.01 and a debt-to-equity ratio of 0.32. The company has a 50-day simple moving average of GBX 1.90 and a two-hundred day simple moving average of GBX 1.41.

Insider Activity

In other Europa Oil & Gas news, insider Will Holland purchased 138,997 shares of Europa Oil & Gas stock in a transaction that occurred on Tuesday, December 30th. The shares were bought at an average price of GBX 2 per share, for a total transaction of £2,779.94. Insiders own 18.32% of the company’s stock.

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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