Nostrum Oil & Gas (LON:NOG) Stock Price Up 9.8% – Still a Buy?

Shares of Nostrum Oil & Gas PLC (LON:NOGGet Free Report) shot up 9.8% during trading on Tuesday . The stock traded as high as GBX 3.29 ($0.04) and last traded at GBX 3.29 ($0.04). 8,523 shares changed hands during trading, a decline of 92% from the average session volume of 108,856 shares. The stock had previously closed at GBX 3 ($0.04).

Nostrum Oil & Gas Stock Performance

The stock has a market cap of £5.92 million, a P/E ratio of -0.82, a price-to-earnings-growth ratio of -0.07 and a beta of 1.33. The company has a debt-to-equity ratio of 200.65, a current ratio of 4.86 and a quick ratio of 0.17. The stock’s 50 day simple moving average is GBX 3.56 and its two-hundred day simple moving average is GBX 4.21.

About Nostrum Oil & Gas

(Get Free Report)

Nostrum Oil & Gas PLC, an independent oil and gas company, engages in the exploration, development, and production of oil and gas in the pre-Caspian Basin. The company discovers and develops oil and gas reserves, as well as produces and sells crude oil, stabilized condensate, liquefied petroleum gas, and dry gas.

Further Reading

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