Europa Oil & Gas (LON:EOG) Shares Up 15.4% Following Insider Buying Activity

Europa Oil & Gas (Holdings) plc (LON:EOGGet Free Report)’s share price was up 15.4% during trading on Monday following insider buying activity. The company traded as high as GBX 1.75 and last traded at GBX 1.50. 9,184,452 shares were traded during trading, an increase of 85% from the average daily volume of 4,962,684 shares. The stock had previously closed at GBX 1.30.

Specifically, insider Will Holland purchased 142,856 shares of the company’s stock in a transaction on Monday, June 22nd. The stock was acquired at an average cost of GBX 1 per share, for a total transaction of £1,428.56. Also, insider Will Holland acquired 499,245 shares of the company’s stock in a transaction dated Monday, June 22nd. The stock was acquired at an average cost of GBX 1 per share, with a total value of £4,992.45.

Europa Oil & Gas Stock Performance

The company has a market cap of £19.74 million, a P/E ratio of -2.11 and a beta of 0.06. The firm has a 50 day moving average of GBX 1.51 and a 200-day moving average of GBX 1.62. The company has a quick ratio of 1.91, a current ratio of 0.88 and a debt-to-equity ratio of 0.36.

Europa Oil & Gas (LON:EOGGet Free Report) last issued its quarterly earnings results on Wednesday, May 27th. The company reported GBX (0.20) earnings per share (EPS) for the quarter. Europa Oil & Gas had a negative return on equity of 78.82% and a negative net margin of 70.04%.The business had revenue of GBX 391 million for the quarter. As a group, sell-side analysts anticipate that Europa Oil & Gas will post 40.5714332 EPS for the current fiscal year.

Europa Oil & Gas Company Profile

(Get Free Report)

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.

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