Falcon Oil & Gas Ltd. (CVE:FO – Get Free Report) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.32 and traded as low as C$0.31. Falcon Oil & Gas shares last traded at C$0.31, with a volume of 880,269 shares traded.
Falcon Oil & Gas Trading Down 3.1%
The business’s fifty day simple moving average is C$0.32 and its 200 day simple moving average is C$0.26. The stock has a market cap of C$343.83 million, a price-to-earnings ratio of -103.33 and a beta of 0.37.
About Falcon Oil & Gas
Falcon Oil & Gas Ltd., an oil and gas company, engages in the exploration and development of unconventional oil and gas assets in Australia, South Africa, and Hungary. The company holds 22.5% interests in three exploration permits covering an area of approximately 1 million net acres in the Beetaloo Sub-basin, Northern Territory, Australia. It also holds a 100% interest in the technical cooperation permit covering an area of approximately 30,327.9 square kilometers in the southwest Karoo Basin, South Africa; and a 100% interest in the Makó production license covering an area of approximately 994.6 square kilometers in the Makó Trough located in south-eastern Hungary.
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