Falcon Oil & Gas (LON:FOG) Sets New 1-Year High – What’s Next?

Falcon Oil & Gas Ltd. (LON:FOGGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 14 and last traded at GBX 14, with a volume of 286588 shares traded. The stock had previously closed at GBX 13.20.

Falcon Oil & Gas Price Performance

The stock has a 50 day simple moving average of GBX 11.43 and a 200-day simple moving average of GBX 9.70. The firm has a market cap of £155.28 million, a PE ratio of -46.67 and a beta of 0.51.

About Falcon Oil & Gas

(Get Free Report)

Falcon Oil & Gas Ltd. (“Falcon” or “Company”) is an international oil and gas company engaged in the exploration and development of unconventional oil and gas assets. The Company’s principal interests are located in two major underexplored basins in Australia and South Africa; with further interests in Hungary, covering approximately 12.3 million gross acres. The Company’s interests are in countries with a high regional demand for energy and for Australia and Hungary are close to existing infrastructure allowing for rapid delivery of oil and gas to market.

Falcon is incorporated in British Columbia, Canada and headquartered in Dublin, Ireland.

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