Zacks Investment Research Upgrades NOSTRUM OIL & G/ADR (OTCMKTS:NSTRY) to “Hold”

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NOSTRUM OIL & G/ADR (OTCMKTS:NSTRY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Saturday, Zacks.com reports.

According to Zacks, “Nostrum Oil & Gas PLC is an oil and gas company. It engaged in the production, development and exploration of oil and gas primarily in the pre-Caspian Basin. The company’s principal producing asset consists of Nostrum in the Chinarevskoye field. Nostrum Oil & Gas PLC is based in Amsterdam, Netherlands. “

Shares of OTCMKTS NSTRY opened at $0.40 on Friday. NOSTRUM OIL & G/ADR has a 12 month low of $0.10 and a 12 month high of $0.40. The company has a market cap of $18.82 million, a price-to-earnings ratio of -0.16 and a beta of 1.65. The company has a quick ratio of 1.59, a current ratio of 1.96 and a debt-to-equity ratio of 1.96. The business has a fifty day simple moving average of $0.40 and a 200-day simple moving average of $1.95.

About NOSTRUM OIL & G/ADR

Nostrum Oil & Gas PLC, an independent oil and gas exploration 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.

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