Falcon Oil & Gas (LON:FOG) Sets New 1-Year Low – What’s Next?

Falcon Oil & Gas Ltd. (LON:FOGGet Free Report) shares reached a new 52-week low on Thursday . The company traded as low as GBX 3.65 ($0.05) and last traded at GBX 3.86 ($0.05), with a volume of 713961 shares changing hands. The stock had previously closed at GBX 3.95 ($0.05).

Falcon Oil & Gas Stock Down 2.3 %

The business’s 50-day moving average is GBX 4.40 and its two-hundred day moving average is GBX 5.13. The company has a market capitalization of £42.85 million, a P/E ratio of -30.83 and a beta of 0.51.

About Falcon Oil & Gas

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Falcon Oil & Gas Ltd., an oil and gas company, engages in the exploration and development of unconventional oil and gas assets in Australia, South Africa, and Hungary. The company holds 22.5% interests in three exploration permits covering an area of approximately 1 million net acres in the Beetaloo Sub-basin, Northern Territory, Australia.

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