Baron Oil (LON:BOIL) Shares Down 8.5%

Baron Oil Plc (LON:BOILGet Free Report) dropped 8.5% on Tuesday . The stock traded as low as GBX 0.06 ($0.00) and last traded at GBX 0.07 ($0.00). Approximately 35,825,773 shares changed hands during trading, a decline of 87% from the average daily volume of 271,912,656 shares. The stock had previously closed at GBX 0.07 ($0.00).

Baron Oil Stock Down 1.4 %

The company has a current ratio of 39.47, a quick ratio of 3.21 and a debt-to-equity ratio of 0.26. The stock’s 50-day moving average price is GBX 0.06 and its 200-day moving average price is GBX 0.07. The company has a market cap of £17.86 million, a P/E ratio of -0.87 and a beta of 0.61.

Baron Oil Company Profile

(Get Free Report)

Baron Oil Plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas reserves, and other related activities in South America, South East Asia, and the United Kingdom. The company holds 75% interest in Timor-Leste TL-SO-19-16 PSC offshore license located in Southeast Asia.

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