IOG (LON:IOG) Share Price Crosses Below 50-Day Moving Average – Should You Sell?

Shares of IOG plc (LON:IOGGet Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 0.95 ($0.01) and traded as low as GBX 0.93 ($0.01). IOG shares last traded at GBX 0.95 ($0.01), with a volume of 7,103,820 shares changing hands.

IOG Stock Performance

The company has a 50 day simple moving average of GBX 0.95 and a 200 day simple moving average of GBX 0.95. The stock has a market capitalization of £4.99 million, a PE ratio of -19.00 and a beta of 0.40. The company has a current ratio of 0.60, a quick ratio of 0.47 and a debt-to-equity ratio of 4,373.56.

About IOG

(Get Free Report)

IOG plc engages in the exploration and development of oil and gas properties in the North Sea, the United Kingdom. It focuses on the gas resources. The company holds 50% working interests in the Blythe gas field, Elgood, Elland, Nailsworth, Southwark, Goddard, Southsea, Abbeydale, Thornbridge, Kelham, Panther, and Grafton licences.

Further Reading

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