Nostrum Oil & Gas (LON:NOG) Reaches New 52-Week Low at $5.00

Nostrum Oil & Gas PLC (LON:NOG)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 5 ($0.06) and last traded at GBX 5.03 ($0.06), with a volume of 2922 shares traded. The stock had previously closed at GBX 5.53 ($0.07).

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 12.50 ($0.15) target price on shares of Nostrum Oil & Gas in a research note on Tuesday, April 2nd.

Nostrum Oil & Gas Stock Performance

The firm’s 50-day simple moving average is GBX 6.32 and its 200-day simple moving average is GBX 8.94. The firm has a market capitalization of £894,539.00, a P/E ratio of 0.14, a price-to-earnings-growth ratio of -0.07 and a beta of 1.39. The company has a quick ratio of 0.17, a current ratio of 4.18 and a debt-to-equity ratio of 200.65.

Nostrum Oil & Gas Company Profile

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