Falcon Oil & Gas (CVE:FO) Stock Price Crosses Below 50 Day Moving Average of $0.12

Falcon Oil & Gas Ltd. (CVE:FOGet Free Report)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.12 and traded as low as C$0.11. Falcon Oil & Gas shares last traded at C$0.11, with a volume of 58,321 shares traded.

Falcon Oil & Gas Price Performance

The stock has a fifty day moving average price of C$0.12 and a 200 day moving average price of C$0.14. The stock has a market capitalization of C$122.10 million, a P/E ratio of -12.50 and a beta of 0.59.

About Falcon Oil & Gas

(Get Free Report)

Falcon Oil & Gas Ltd., an oil and gas company, engages in the exploration, and development of unconventional oil and gas assets in Australia, South Africa, and Hungary. The company holds 22.5% interests in three exploration permits covering an area of approximately 1 million net acres in the Beetaloo Sub-basin, Northern Territory, Australia.

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