Falcon Oil & Gas Ltd. (LON:FOG – Get Free Report)’s share price shot up 23.4% during trading on Monday . The stock traded as high as GBX 7.90 ($0.11) and last traded at GBX 7.90 ($0.11). 220,601 shares traded hands during trading, a decline of 15% from the average session volume of 258,162 shares. The stock had previously closed at GBX 6.40 ($0.09).
Falcon Oil & Gas Stock Up 3.3%
The firm’s 50-day moving average price is GBX 6.09 and its 200 day moving average price is GBX 5.87. The firm has a market cap of £109.65 million, a P/E ratio of -38.93 and a beta of 0.51.
About Falcon Oil & Gas
Falcon Oil & Gas Ltd. (“Falcon” or “Company”) is an international oil and gas company engaged in the exploration and development of unconventional oil and gas assets. The Company’s principal interests are located in two major underexplored basins in Australia and South Africa; with further interests in Hungary, covering approximately 12.3 million gross acres.
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