IOG (LON:IOG) Trading 2.7% Higher – Here’s What Happened

IOG plc (LON:IOGGet Free Report) shares traded up 2.7% during trading on Thursday . The company traded as high as GBX 1.08 ($0.01) and last traded at GBX 0.95 ($0.01). 7,103,820 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 13,120,045 shares. The stock had previously closed at GBX 0.93 ($0.01).

IOG Stock Up 2.7 %

The stock has a 50 day simple moving average of GBX 0.95 and a 200-day simple moving average of GBX 0.95. The firm has a market cap of £4.99 million, a PE ratio of -19.00 and a beta of 0.40. The company has a debt-to-equity ratio of 4,373.56, a current ratio of 0.60 and a quick ratio of 0.47.

About IOG

(Get Free Report)

IOG plc engages in the exploration and development of oil and gas properties in the North Sea, the United Kingdom. It focuses on the gas resources. The company holds 50% working interests in the Blythe gas field, Elgood, Elland, Nailsworth, Southwark, Goddard, Southsea, Abbeydale, Thornbridge, Kelham, Panther, and Grafton licences.

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