Europa Oil & Gas (LON:EOG) Sets New 1-Year High – Time to Buy?

Shares of Europa Oil & Gas (Holdings) plc (LON:EOG) hit a new 52-week high on Monday . The stock traded as high as GBX 1.20 ($0.02) and last traded at GBX 1.17 ($0.02), with a volume of 28346117 shares trading hands. The stock had previously closed at GBX 1.02 ($0.01).

Europa Oil & Gas Stock Up 14.6%

The company has a market capitalization of £11.21 million, a PE ratio of -164.65 and a beta of 0.61. The firm has a 50 day simple moving average of GBX 0.72 and a two-hundred day simple moving average of GBX 0.63. The company has a current ratio of 2.01, a quick ratio of 1.91 and a debt-to-equity ratio of 0.32.

Europa Oil & Gas (LON:EOG) last released its earnings results on Monday, September 15th. The company reported GBX (0.13) EPS for the quarter. Europa Oil & Gas had a negative net margin of 190.16% and a negative return on equity of 102.27%. Research analysts expect that Europa Oil & Gas will post 40.5714332 EPS for the current year.

Insider Buying and Selling

In other Europa Oil & Gas news, insider Will Holland acquired 838,759 shares of the company’s stock in a transaction dated Tuesday, August 5th. The stock was acquired at an average cost of GBX 1 per share, with a total value of £8,387.59. Also, insider Bo Krøll acquired 4,800,000 shares of the company’s stock in a transaction dated Tuesday, August 5th. The shares were acquired at an average cost of GBX 1 per share, with a total value of £48,000. Company insiders own 18.08% of the company’s stock.

About Europa Oil & Gas

Europa Oil & Gas (Holdings) plc (AIM: EOG) has a diversified portfolio of multi-stage hydrocarbon assets which includes production, development and exploration interests, in countries that are politically stable, have transparent licensing processes, and offer attractive terms.