Europa Oil & Gas (LON:EOG) Shares Cross Below 200 Day Moving Average of $0.98

Europa Oil & Gas (Holdings) plc (LON:EOG)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 0.98 ($0.01) and traded as low as GBX 0.94 ($0.01). Europa Oil & Gas shares last traded at GBX 0.95 ($0.01), with a volume of 1,712,906 shares.

Europa Oil & Gas Trading Down 1.0 %

The company has a current ratio of 1.59, a quick ratio of 1.91 and a debt-to-equity ratio of 0.16. The business has a 50 day moving average price of GBX 1 and a 200-day moving average price of GBX 0.98. The firm has a market capitalization of £9.11 million, a PE ratio of 23.50 and a beta of 0.62.

Insiders Place Their Bets

In related news, insider Will Holland bought 1,130,016 shares of the firm’s stock in a transaction on Monday, July 22nd. The shares were bought at an average cost of GBX 1 ($0.01) per share, for a total transaction of £11,300.16 ($14,901.96). 13.50% of the stock is currently owned by company insiders.

Europa Oil & Gas Company Profile

Europa Oil & Gas (Holdings) plc, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas properties in the United Kingdom and Ireland. The company owns a working interest in the West Firsby and Crosby Warren fields, and a 65% non-operated interest in the Whisby W4 well located in the East Midlands; and the Inishkea prospect comprising FEL 4/19 licence located in the Slyne basin, Ireland.