Nostrum Oil & Gas (LON:NOG) Stock Price Passes Below 50 Day Moving Average – Should You Sell?

Nostrum Oil & Gas PLC (LON:NOGGet Free Report) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 3.54 and traded as low as GBX 3.24. Nostrum Oil & Gas shares last traded at GBX 3.54, with a volume of 29,507 shares trading hands.

Nostrum Oil & Gas Price Performance

The company has a current ratio of 3.35, a quick ratio of 0.17 and a debt-to-equity ratio of -384.25. The stock has a market cap of £5.84 million, a PE ratio of -0.02, a PEG ratio of -0.07 and a beta of 1.33. The business has a 50-day moving average price of GBX 3.54 and a 200 day moving average price of GBX 3.52.

Nostrum Oil & Gas Company Profile

(Get Free Report)

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. Its principal producing asset is 100% owned Chinarevskoye field located in North-western Kazakhstan. Nostrum Oil & Gas PLC was founded in 1997 and is based in London, the United Kingdom.

Further Reading

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