Falcon Oil & Gas (LON:FOG) Shares Cross Below 200-Day Moving Average – What’s Next?

Shares of Falcon Oil & Gas Ltd. (LON:FOGGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 5.04 ($0.06) and traded as low as GBX 4.01 ($0.05). Falcon Oil & Gas shares last traded at GBX 4.01 ($0.05), with a volume of 510,000 shares.

Falcon Oil & Gas Stock Up -2.2 %

The stock has a market capitalization of £44.51 million, a price-to-earnings ratio of -30.83 and a beta of 0.51. The company has a 50 day simple moving average of GBX 4.31 and a 200-day simple moving average of GBX 5.04.

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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