Falcon Oil & Gas Ltd. (LON:FOG – Get Free Report)’s share price rose 18.5% on Monday . The stock traded as high as GBX 5.45 ($0.07) and last traded at GBX 5.45 ($0.07). Approximately 642,166 shares traded hands during trading, an increase of 68% from the average daily volume of 381,853 shares. The stock had previously closed at GBX 4.60 ($0.06).
Falcon Oil & Gas Stock Performance
The firm has a market cap of £59.94 million, a PE ratio of -30.83 and a beta of 0.51. The company has a 50 day simple moving average of GBX 4.28 and a two-hundred day simple moving average of GBX 4.96.
About Falcon Oil & Gas
Falcon Oil & Gas Ltd. (“Falcon” or “Company”) is an international oil and gas company engaged in the exploration and development of unconventional oil and gas assets. The Company’s principal interests are located in two major underexplored basins in Australia and South Africa; with further interests in Hungary, covering approximately 12.3 million gross acres.
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