Nostrum Oil & Gas (LON:NOG) Stock Passes Above Fifty Day Moving Average – What’s Next?

Nostrum Oil & Gas PLC (LON:NOGGet Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 3.59 and traded as high as GBX 3.88. Nostrum Oil & Gas shares last traded at GBX 3.40, with a volume of 2,400 shares changing hands.

Nostrum Oil & Gas Stock Down 6.6%

The stock has a market cap of £5.61 million, a price-to-earnings ratio of -0.01, a P/E/G ratio of -0.07 and a beta of 1.33. The company has a current ratio of 3.35, a quick ratio of 0.17 and a debt-to-equity ratio of -384.25. The firm’s 50 day moving average is GBX 3.59 and its two-hundred day moving average is GBX 3.51.

About Nostrum Oil & Gas

(Get Free Report)

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. Its principal producing asset is 100% owned Chinarevskoye field located in North-western Kazakhstan. Nostrum Oil & Gas PLC was founded in 1997 and is based in London, the United Kingdom.

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