Nostrum Oil & Gas (LON:NOG) Hits New 52-Week Low – Should You Sell?

Nostrum Oil & Gas PLC (LON:NOGGet Free Report)’s share price hit a new 52-week low on Thursday . The stock traded as low as GBX 0.50 and last traded at GBX 0.67, with a volume of 1002088 shares changing hands. The stock had previously closed at GBX 0.65.

Nostrum Oil & Gas Trading Up 3.1%

The company has a current ratio of 0.26, a quick ratio of 0.17 and a debt-to-equity ratio of -202.62. The company has a market capitalization of £1.11 million, a price-to-earnings ratio of -0.01, a PEG ratio of -0.07 and a beta of 0.78. The firm has a 50-day moving average price of GBX 2.77 and a 200-day moving average price of GBX 2.88.

Nostrum Oil & Gas Company Profile

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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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