Nostrum Oil & Gas (LON:NOG) Shares Climb 6.7% – Still a Buy?

Nostrum Oil & Gas PLC (LON:NOG – Get Free Report)’s share price was up 6.7% on Thursday. The stock traded as high as GBX 1 and last traded at GBX 0.80. Approximately 255,296 shares traded hands during mid-day trading, an increase of 30% from the average daily volume of 195,714 shares. The stock had previously closed at GBX 0.75.

Nostrum Oil & Gas Stock Performance

The firm has a market cap of £1.32 million, a price-to-earnings ratio of -0.01, a price-to-earnings-growth ratio of -0.07 and a beta of 0.78. The stock has a 50-day moving average of GBX 1.67 and a 200-day moving average of GBX 2.52. The company has a debt-to-equity ratio of -202.62, a quick ratio of 0.17 and a current ratio of 0.26.

About Nostrum Oil & Gas

(Get Free Report)

Nostrum Oil & Gas PLC, an independent oil and gas company, engages in the exploration, development, and production of oil and gas in the pre-Caspian Basin. The company discovers and develops oil and gas reserves, as well as produces and sells crude oil, stabilized condensate, liquefied petroleum gas, and dry gas. Its principal producing asset is 100% owned Chinarevskoye field located in North-western Kazakhstan. Nostrum Oil & Gas PLC was founded in 1997 and is based in London, the United Kingdom.

Recommended Stories

Receive News & Ratings for Nostrum Oil & Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nostrum Oil & Gas and related companies with MarketBeat.com's FREE daily email newsletter.