Europa Oil & Gas (LON:EOG) Stock Price Down 8.3% – What’s Next?

Europa Oil & Gas (Holdings) plc (LON:EOG)’s stock price dropped 8.3% during mid-day trading on Tuesday . The company traded as low as GBX 1.93 and last traded at GBX 1.93. Approximately 1,051,108 shares traded hands during trading, a decline of 85% from the average daily volume of 7,006,299 shares. The stock had previously closed at GBX 2.10.

Europa Oil & Gas Stock Performance

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 stock has a 50 day moving average of GBX 1.87 and a 200 day moving average of GBX 1.19. The stock has a market capitalization of £17.94 million, a P/E ratio of -2.63 and a beta of 0.61.

Insider Activity at Europa Oil & Gas

In other news, insider Will Holland acquired 138,997 shares of the company’s stock in a transaction that occurred on Tuesday, December 30th. The shares were acquired at an average price of GBX 2 per share, with a total value of £2,779.94. Corporate insiders own 18.08% of the company’s stock.

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.