Nostrum Oil & Gas (LON:NOG) Stock Price Down 8.1% – Here’s What Happened

Nostrum Oil & Gas PLC (LON:NOGGet Free Report) shares dropped 8.1% during mid-day trading on Monday . The company traded as low as GBX 2.51 ($0.03) and last traded at GBX 2.51 ($0.03). Approximately 125,026 shares changed hands during trading, an increase of 79% from the average daily volume of 69,820 shares. The stock had previously closed at GBX 2.73 ($0.03).

Nostrum Oil & Gas Trading Down 8.1 %

The stock’s fifty day moving average price is GBX 3.41 and its 200 day moving average price is GBX 4.08. The stock has a market capitalization of £4.24 million, a P/E ratio of -0.59, a PEG 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.

Nostrum Oil & Gas Company Profile

(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.

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