IOG (LON:IOG) Share Price Passes Above 50-Day Moving Average – Here’s What Happened

Shares of IOG plc (LON:IOGGet Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 0.95 ($0.01) and traded as high as GBX 1.08 ($0.01). IOG shares last traded at GBX 0.95 ($0.01), with a volume of 7,103,820 shares trading hands.

IOG Stock Up 2.7 %

The company has a quick ratio of 0.47, a current ratio of 0.60 and a debt-to-equity ratio of 4,373.56. The stock has a market capitalization of £4.99 million, a price-to-earnings ratio of -19.00 and a beta of 0.40. The stock has a 50 day moving average price of GBX 0.95 and a 200 day moving average price of GBX 0.95.

About IOG

(Get Free Report)

IOG plc engages in the exploration and development of oil and gas properties in the North Sea, the United Kingdom. It focuses on the gas resources. The company holds 50% working interests in the Blythe gas field, Elgood, Elland, Nailsworth, Southwark, Goddard, Southsea, Abbeydale, Thornbridge, Kelham, Panther, and Grafton licences.

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