Nostrum Oil & Gas (LON:NOG) Given “Hold” Rating at Canaccord Genuity Group

Canaccord Genuity Group reiterated their hold rating on shares of Nostrum Oil & Gas (LON:NOG) in a report published on Monday morning, MarketBeat reports. Canaccord Genuity Group currently has a GBX 4 target price on the stock.

Nostrum Oil & Gas Stock Performance

Nostrum Oil & Gas stock opened at GBX 3.30 on Monday. The business has a 50 day moving average of GBX 3.36 and a 200-day moving average of GBX 3.47. The company has a market capitalization of £5.44 million, a P/E ratio of 2.56, a P/E/G ratio of -0.07 and a beta of 1.33. Nostrum Oil & Gas has a 1 year low of GBX 2.40 and a 1 year high of GBX 5.40. The company has a debt-to-equity ratio of -384.25, a current ratio of 3.35 and a quick ratio of 0.17.

About Nostrum Oil & Gas

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.