Nostrum Oil & Gas (LON:NOG) Shares Cross Below 50-Day Moving Average – Here’s What Happened

Shares of Nostrum Oil & Gas PLC (LON:NOGGet Free Report) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 3.54 and traded as low as GBX 3.24. Nostrum Oil & Gas shares last traded at GBX 3.54, with a volume of 29,507 shares trading hands.

Nostrum Oil & Gas Price Performance

The business’s 50 day moving average is GBX 3.54 and its two-hundred day moving average is GBX 3.52. The company has a debt-to-equity ratio of -384.25, a quick ratio of 0.17 and a current ratio of 3.35. The firm has a market capitalization of £5.84 million, a PE ratio of -0.02, a price-to-earnings-growth ratio of -0.07 and a beta of 1.33.

Nostrum Oil & Gas Company Profile

(Get Free Report)

Nostrum Oil & Gas PLC, an independent oil and gas company, engages in the exploration, development, and production of oil and gas in the pre-Caspian Basin. The company discovers and develops oil and gas reserves, as well as produces and sells crude oil, stabilized condensate, liquefied petroleum gas, and dry gas. Its principal producing asset is 100% owned Chinarevskoye field located in North-western Kazakhstan. Nostrum Oil & Gas PLC was founded in 1997 and is based in London, the United Kingdom.

Further Reading

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