IOG (LON:IOG) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

IOG plc (LON:IOGGet Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.95 ($0.01) and traded as low as GBX 0.93 ($0.01). IOG shares last traded at GBX 0.95 ($0.01), with a volume of 7,103,820 shares trading hands.

IOG Stock Performance

The business’s 50 day simple moving average is GBX 0.95 and its two-hundred day simple moving average is GBX 0.95. The stock has a market cap of £4.99 million, a P/E ratio of -19.00 and a beta of 0.40. 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.

IOG Company Profile

(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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