Europa Oil & Gas (LON:EOG) Stock Passes Above 200 Day Moving Average – What’s Next?

Europa Oil & Gas (Holdings) plc (LON:EOGGet Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1.39 and traded as high as GBX 1.70. Europa Oil & Gas shares last traded at GBX 1.70, with a volume of 2,649,805 shares.

Europa Oil & Gas Trading Up 3.2%

The business has a fifty day moving average price of GBX 1.91 and a 200 day moving average price of GBX 1.39. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.01 and a quick ratio of 1.91. The company has a market capitalization of £15.78 million, a price-to-earnings ratio of -2.29 and a beta of 0.61.

Insider Activity

In other news, insider Will Holland bought 138,997 shares of the company’s stock in a transaction that occurred on Tuesday, December 30th. The shares were acquired at an average price of GBX 2 per share, with a total value of £2,779.94. Insiders own 18.32% of the company’s stock.

Europa Oil & Gas Company Profile

(Get Free Report)

Europa Oil & Gas (Holdings) plc (AIM: EOG) has a diversified portfolio of multi-stage hydrocarbon assets which includes production, development and exploration interests, in countries that are politically stable, have transparent licensing processes, and offer attractive terms.

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