Falcon Oil & Gas (LON:FOG) Trading Up 8.4% – Should You Buy?

Falcon Oil & Gas Ltd. (LON:FOGGet Free Report)’s share price was up 8.4% during trading on Friday . The company traded as high as GBX 4.39 ($0.06) and last traded at GBX 4.39 ($0.06). Approximately 130,000 shares traded hands during trading, a decline of 58% from the average daily volume of 307,101 shares. The stock had previously closed at GBX 4.05 ($0.05).

Falcon Oil & Gas Stock Up 6.2 %

The firm has a fifty day moving average of GBX 4.30 and a 200-day moving average of GBX 5.02. The firm has a market cap of £47.73 million, a P/E ratio of -30.83 and a beta of 0.51.

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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