Nostrum Oil & Gas (LON:NOG) Trading Down 49.5% – Here’s Why

Nostrum Oil & Gas PLC (LON:NOGGet Free Report) was down 49.5% during mid-day trading on Monday . The company traded as low as GBX 0.50 and last traded at GBX 0.50. 383,675 shares traded hands during trading, an increase of 95% from the average daily volume of 196,966 shares. The stock had previously closed at GBX 0.99.

Nostrum Oil & Gas Stock Up 33.3%

The company has a debt-to-equity ratio of -202.62, a quick ratio of 0.17 and a current ratio of 0.26. The firm’s fifty day simple moving average is GBX 3.35 and its 200 day simple moving average is GBX 3.08. The stock has a market capitalization of £1.65 million, a price-to-earnings ratio of -0.01, a P/E/G ratio of -0.07 and a beta of 0.78.

Nostrum Oil & Gas Company Profile

(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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