Nostrum Oil & Gas PLC (LON:NOG – Get Free Report) shares fell 3% on Friday. The company traded as low as GBX4.01 ($0.05) and was last seen at GBX5 ($0.06). During midday trading, 717,003 shares changed hands, an 840% increase from the average session volume of 76,257 shares. The stock had previously closed at GBX5.16 ($0.07).

Changes in analyst ratings

Separately, Canaccord Genuity Group reiterated its “speculative buy” rating and set a price target of GBX 14 ($0.18) on shares of Nostrum Oil & Gas in a research note on Tuesday, April 30.

Check out our latest stock analysis on NOG

Nostrum Oil & Gas shares lose 9.8%

The company has a 50-day moving average of GBX 5.01 and a 200-day moving average of GBX 5.76. The company has a market cap of £7.86 million, a P/E ratio of 0.12, a PEG ratio of -0.07 and a beta of 1.42. The company has a debt-to-equity ratio of 200.65, a current ratio of 3.40 and a quick ratio of 0.17.

Nostrum Oil & Gas Company Profile

(Get free report)

Nostrum Oil & Gas PLC, an independent oil and gas company, is engaged in the exploration, development and production of oil and gas in the Pre-Caspian Basin. The Company discovers and develops oil and gas reserves and produces and sells crude oil, stabilized condensate, liquefied natural gas and dry gas.

Selected articles

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