Europa Oil & Gas (LON:EOG) Shares Up 16.1% – Here’s What Happened

Europa Oil & Gas (Holdings) plc (LON:EOG) shares shot up 16.1% during trading on Tuesday . The company traded as high as GBX 0.81 ($0.01) and last traded at GBX 0.81 ($0.01). 1,552,627 shares changed hands during trading, a decline of 8% from the average session volume of 1,682,474 shares. The stock had previously closed at GBX 0.70 ($0.01).

Europa Oil & Gas Price Performance

The company has a debt-to-equity ratio of 0.16, a current ratio of 1.59 and a quick ratio of 1.91. The stock has a market capitalization of £7.80 million, a price-to-earnings ratio of 23.50 and a beta of 0.61. The company has a 50-day simple moving average of GBX 0.89 and a two-hundred day simple moving average of GBX 0.93.

Insider Buying and Selling

In other Europa Oil & Gas news, insider Will Holland acquired 697,484 shares of Europa Oil & Gas stock in a transaction dated Wednesday, October 30th. The stock was acquired at an average cost of GBX 1 ($0.01) per share, for a total transaction of £6,974.84 ($8,678.41). Corporate insiders own 13.50% of the company’s stock.

Europa Oil & Gas Company Profile

Europa Oil & Gas (Holdings) plc (AIM: EOG) has a diversified portfolio of multi-stage hydrocarbon assets which includes production, development and exploration interests, in countries that are politically stable, have transparent licensing processes, and offer attractive terms.