Nostrum Oil & Gas (LON:NOG) Reaches New 1-Year Low at $33.65
Nostrum Oil & Gas PLC (LON:NOG) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 33.65 ($0.44) and last traded at GBX 35 ($0.46), with a volume of 129990 shares changing hands. The stock had previously closed at GBX 37.50 ($0.49).
A number of research firms have recently issued reports on NOG. Berenberg Bank lowered shares of Nostrum Oil & Gas to a “sell” rating in a research note on Wednesday. Numis Securities restated an “under review” rating on shares of Nostrum Oil & Gas in a research note on Thursday, May 30th. Finally, Peel Hunt restated an “add” rating on shares of Nostrum Oil & Gas in a research note on Tuesday, May 21st.
The stock has a market cap of $50.01 million and a price-to-earnings ratio of -0.43. The business’s fifty day simple moving average is GBX 42.45 and its 200 day simple moving average is GBX 74.45. The company has a debt-to-equity ratio of 202.59, a current ratio of 1.66 and a quick ratio of 1.34.
Nostrum Oil & Gas PLC, an independent oil and gas exploration 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.
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