Falcon Oil & Gas (LON:FOG) Trading 8.8% Higher – What’s Next?

Falcon Oil & Gas Ltd. (LON:FOGGet Free Report) traded up 8.8% during mid-day trading on Monday . The company traded as high as GBX 6.75 ($0.09) and last traded at GBX 6.50 ($0.09). 272,279 shares changed hands during trading, a decline of 12% from the average session volume of 308,123 shares. The stock had previously closed at GBX 5.98 ($0.08).

Falcon Oil & Gas Price Performance

The firm has a market cap of £92.30 million, a P/E ratio of -32.77 and a beta of 0.51. The firm’s 50 day moving average is GBX 6.15 and its 200 day moving average is GBX 5.39.

About Falcon Oil & Gas

(Get Free Report)

Falcon Oil & Gas Ltd. (“Falcon” or “Company”) is an international oil and gas company engaged in the exploration and development of unconventional oil and gas assets. The Company’s principal interests are located in two major underexplored basins in Australia and South Africa; with further interests in Hungary, covering approximately 12.3 million gross acres.

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