Independent Oil & Gas’ (IOG) “Buy” Rating Reiterated at Peel Hunt

Independent Oil & Gas (LON:IOG)‘s stock had its “buy” rating reissued by analysts at Peel Hunt in a research note issued on Friday, ThisIsMoney.Co.Uk reports.

Separately, FinnCap reaffirmed a “corporate” rating on shares of Independent Oil & Gas in a research report on Monday, June 1st.

LON IOG opened at GBX 12.50 ($0.15) on Friday. The firm has a market cap of $60.02 million and a P/E ratio of 3.38. The company has a debt-to-equity ratio of 222.41, a current ratio of 7.49 and a quick ratio of 2.36. The stock’s 50-day moving average is GBX 12.31 and its 200-day moving average is GBX 13.78. Independent Oil & Gas has a one year low of GBX 0.11 ($0.00) and a one year high of GBX 23 ($0.28).

About Independent Oil & Gas

Independent Oil and Gas plc explores for and develops oil and gas properties in the North Sea, the United Kingdom. It primarily focuses on the development of hydrocarbon reserves, as well as the acquisition, trading, and monetization of its license interests. The company 100% working interests in the Blythe gas field in the southern North Sea; the Skipper license located to the south east of the Shetlands in the northern North Sea; and the Nailsworth, Elland, and Southwark fields in the southern North Sea.

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