Nostrum Oil & Gas (LON:NOG) Hits New 1-Year Low – Time to Sell?

Nostrum Oil & Gas PLC (LON:NOG)’s share price reached a new 52-week low on Friday . The stock traded as low as GBX 1.50 and last traded at GBX 1.70, with a volume of 166436 shares changing hands. The stock had previously closed at GBX 1.71.

Nostrum Oil & Gas Price Performance

The stock has a market cap of £2.80 million, a price-to-earnings ratio of -0.01, a PEG ratio of -0.07 and a beta of 0.51. The company has a 50-day moving average of GBX 2.98 and a 200-day moving average of GBX 3.36. The company has a debt-to-equity ratio of -327.13, a quick ratio of 0.17 and a current ratio of 0.29.

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. 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.