Nostrum Oil & Gas’ (NOG) “Speculative Buy” Rating Reaffirmed at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their speculative buy rating on shares of Nostrum Oil & Gas (LON:NOGFree Report) in a report published on Tuesday, reports. The firm currently has a GBX 12.50 ($0.16) price target on the stock.

Nostrum Oil & Gas Stock Down 4.6 %

LON:NOG opened at GBX 5.94 ($0.07) on Tuesday. The company has a quick ratio of 0.17, a current ratio of 4.18 and a debt-to-equity ratio of 200.65. The stock’s fifty day moving average is GBX 7.10 and its two-hundred day moving average is GBX 9.70. Nostrum Oil & Gas has a 52 week low of GBX 5.60 ($0.07) and a 52 week high of GBX 14.50 ($0.18). The stock has a market capitalization of £1.00 million, a price-to-earnings ratio of 0.16, a price-to-earnings-growth ratio of -0.07 and a beta of 1.39.

Nostrum Oil & Gas Company Profile

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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.

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