Eco (Atlantic) Oil & Gas (LON:ECO) Shares Down 2.1%

Eco (Atlantic) Oil & Gas Ltd. (LON:ECO) shares were down 2.1% during trading on Tuesday . The stock traded as low as GBX 11.77 ($0.15) and last traded at GBX 11.88 ($0.15). Approximately 367,246 shares traded hands during trading, a decline of 60% from the average daily volume of 916,457 shares. The stock had previously closed at GBX 12.13 ($0.16).

Eco (Atlantic) Oil & Gas Stock Performance

The firm has a market cap of £43.03 million, a price-to-earnings ratio of -232.50 and a beta of 1.91. The company has a quick ratio of 4.71, a current ratio of 2.48 and a debt-to-equity ratio of 2.11. The stock has a fifty day moving average price of GBX 12.12 and a 200-day moving average price of GBX 11.30.

About Eco (Atlantic) Oil & Gas

Eco (Atlantic) Oil & Gas Ltd. engages in the identification, acquisition, exploration, and development of the petroleum, natural gas, and shale gas properties in the Republic of Namibia and the Co-Operative Republic of Guyana. The company holds a 15% working interest in the Orinduik block comprising 1,800 square kilometers located in the Suriname Guyana basin; and 17.5% interests in the Canje Block covering an area of 4,800 square kilometers located in Guyana.