Falcon Oil & Gas (LON:FOG) Shares Cross Below 200 Day Moving Average of $12.55

Falcon Oil & Gas Ltd (LON:FOG)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.55 and traded as low as $11.00. Falcon Oil & Gas shares last traded at $11.18, with a volume of 202,897 shares traded.

The stock has a fifty day moving average price of GBX 11.73 and a 200 day moving average price of GBX 12.54. The stock has a market capitalization of $109.72 million and a P/E ratio of -55.88.

About Falcon Oil & Gas (LON:FOG)

Falcon Oil & Gas Ltd., an oil and gas company, engages in the acquisition, exploration, and development of unconventional oil and gas assets in Australia, Hungary, South Africa, and Canada. It holds interests in three exploration permits covering an area of approximately 1.4 million net acres in the Beetaloo Basin, Northern Territory, Australia.

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