Nostrum Oil & Gas (LON:NOG) Reaches New 12-Month High – Should You Buy?

Nostrum Oil & Gas PLC (LON:NOGGet Free Report)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 4.50 and last traded at GBX 4, with a volume of 523444 shares trading hands. The stock had previously closed at GBX 4.

Nostrum Oil & Gas Stock Performance

The stock’s 50 day moving average is GBX 3.56 and its two-hundred day moving average is GBX 3.17. The company has a market capitalization of £6.60 million, a PE ratio of -0.03, a price-to-earnings-growth ratio of -0.07 and a beta of 0.75. The company has a quick ratio of 0.17, a current ratio of 0.26 and a debt-to-equity ratio of -218.18.

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.

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