Falcon Oil & Gas (LON:FOG) Hits New 52-Week High – Here’s What Happened

Falcon Oil & Gas Ltd. (LON:FOG)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 12 and last traded at GBX 12, with a volume of 125217 shares. The stock had previously closed at GBX 11.50.

Falcon Oil & Gas Stock Performance

The company has a market capitalization of £133.04 million, a P/E ratio of -39.98 and a beta of 0.51. The firm’s fifty day moving average is GBX 10.42 and its 200 day moving average is GBX 8.93.

Falcon Oil & Gas Company Profile

Falcon Oil & Gas Ltd. (“Falcon” or “Company”) is an international oil and gas company engaged in the exploration and development of unconventional oil and gas assets. The Company’s principal interests are located in two major underexplored basins in Australia and South Africa; with further interests in Hungary, covering approximately 12.3 million gross acres. The Company’s interests are in countries with a high regional demand for energy and for Australia and Hungary are close to existing infrastructure allowing for rapid delivery of oil and gas to market.

Falcon is incorporated in British Columbia, Canada and headquartered in Dublin, Ireland.