Europa Oil & Gas (LON:EOG) Reaches New 1-Year Low – Here’s Why

Shares of Europa Oil & Gas (Holdings) plc (LON:EOG) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 0.56 ($0.01) and last traded at GBX 0.56 ($0.01), with a volume of 914097 shares. The stock had previously closed at GBX 0.60 ($0.01).

Europa Oil & Gas Stock Down 7.3 %

The company’s fifty day simple moving average is GBX 0.74 and its 200 day simple moving average is GBX 0.83. The company has a quick ratio of 1.91, a current ratio of 2.01 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of £5.33 million, a PE ratio of -0.79 and a beta of 0.61.

Europa Oil & Gas (LON:EOG) last released its quarterly earnings results on Thursday, March 20th. The company reported GBX (0.04) ($0.00) earnings per share for the quarter. Europa Oil & Gas had a negative net margin of 190.16% and a negative return on equity of 102.27%. Analysts anticipate that Europa Oil & Gas will post 40.5714332 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Will Holland acquired 623,153 shares of Europa Oil & Gas stock in a transaction that occurred on Friday, January 31st. The stock was bought at an average price of GBX 1 ($0.01) per share, with a total value of £6,231.53 ($8,091.85). Company 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.