Europa Oil & Gas (LON:EOG) Shares Down 15.4% – What’s Next?

Shares of Europa Oil & Gas (Holdings) plc (LON:EOG) traded down 15.4% on Tuesday . The stock traded as low as GBX 1.25 and last traded at GBX 1.34. 25,488,154 shares changed hands during mid-day trading, an increase of 443% from the average session volume of 4,698,044 shares. The stock had previously closed at GBX 1.58.

Europa Oil & Gas Stock Performance

The company’s 50-day moving average is GBX 1.90 and its two-hundred day moving average is GBX 1.41. The company has a quick ratio of 1.91, a current ratio of 2.01 and a debt-to-equity ratio of 0.32. The company has a market cap of £12.67 million, a P/E ratio of -1.84 and a beta of 0.61.

Insider Transactions at Europa Oil & Gas

In related news, insider Will Holland acquired 138,997 shares of the firm’s stock in a transaction that occurred on Tuesday, December 30th. The shares were bought at an average cost of GBX 2 per share, for a total transaction of £2,779.94. 18.32% of the stock is owned by 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.