Europa Oil & Gas (LON:EOG) Stock Crosses Above 200-Day Moving Average – Should You Sell?

Europa Oil & Gas (Holdings) plc (LON:EOG) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1.34 and traded as high as GBX 1.90. Europa Oil & Gas shares last traded at GBX 1.72, with a volume of 1,201,842 shares traded.

Europa Oil & Gas Stock Down 1.4%

The firm’s 50-day moving average price is GBX 1.92 and its 200-day moving average price is GBX 1.34. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.01 and a quick ratio of 1.91. The company has a market cap of £16.55 million, a price-to-earnings ratio of -2.43 and a beta of 0.61.

Insider Buying and Selling

In related news, insider Will Holland acquired 138,997 shares of Europa Oil & Gas stock in a transaction on Tuesday, December 30th. The shares were bought at an average price of GBX 2 per share, for a total transaction of £2,779.94. 18.08% of the stock is owned by company insiders.

Europa Oil & Gas Company Profile

Europa Oil & Gas (Holdings) plc (AIM: EOG) has a diversified portfolio of multi-stage hydrocarbon assets which includes production, development and exploration interests, in countries that are politically stable, have transparent licensing processes, and offer attractive terms.