Nostrum Oil & Gas (LON:NOG) Stock Price Up 14.8% – Still a Buy?

Nostrum Oil & Gas PLC (LON:NOGGet Free Report)’s stock price was up 14.8% during mid-day trading on Monday . The company traded as high as GBX 4.18 and last traded at GBX 4.13. Approximately 344,402 shares changed hands during trading, an increase of 119% from the average session volume of 157,405 shares. The stock had previously closed at GBX 3.60.

Nostrum Oil & Gas Stock Performance

The company has a quick ratio of 0.17, a current ratio of 0.26 and a debt-to-equity ratio of -218.18. The firm has a 50-day simple moving average of GBX 3.57 and a 200 day simple moving average of GBX 3.17. The company has a market cap of £5.77 million, a price-to-earnings ratio of -0.03, a price-to-earnings-growth ratio of -0.07 and a beta of 0.78.

Nostrum Oil & Gas Company Profile

(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.

Further Reading

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