Nostrum Oil & Gas (LON:NOG) Sets New 1-Year Low at $33.65

Shares of Nostrum Oil & Gas PLC (LON:NOG) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 33.65 ($0.44) and last traded at GBX 35 ($0.46), with a volume of 129990 shares. The stock had previously closed at GBX 37.50 ($0.49).

A number of analysts have recently commented on NOG shares. Peel Hunt restated an “add” rating on shares of Nostrum Oil & Gas in a report on Tuesday, May 21st. Numis Securities restated an “under review” rating on shares of Nostrum Oil & Gas in a report on Thursday, May 30th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 200 ($2.61) price objective on shares of Nostrum Oil & Gas in a report on Tuesday, May 21st.

The stock has a market capitalization of $64.83 million and a price-to-earnings ratio of -0.55. The company has a debt-to-equity ratio of 202.59, a quick ratio of 1.34 and a current ratio of 1.66. The firm has a fifty day moving average of GBX 42.84 and a 200-day moving average of GBX 74.99.

Nostrum Oil & Gas Company Profile (LON:NOG)

Nostrum Oil & Gas PLC, an independent oil and gas exploration 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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