Europa Oil & Gas (LON:EOG) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Europa Oil & Gas (Holdings) plc (LON:EOG)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.92 ($0.01) and traded as low as GBX 0.89 ($0.01). Europa Oil & Gas shares last traded at GBX 0.89 ($0.01), with a volume of 572,151 shares traded.

Europa Oil & Gas Stock Down 4.0 %

The stock has a 50-day simple moving average of GBX 0.85 and a two-hundred day simple moving average of GBX 0.92. The firm has a market cap of £8.52 million, a PE ratio of 23.50 and a beta of 0.61. The company has a quick ratio of 1.91, a current ratio of 1.59 and a debt-to-equity ratio of 0.16.

Insider Buying and Selling

In other Europa Oil & Gas news, insider Will Holland purchased 697,484 shares of the business’s stock in a transaction on Wednesday, October 30th. The stock was acquired at an average price of GBX 1 ($0.01) per share, for a total transaction of £6,974.84 ($8,765.67). 13.50% of the stock is currently owned by insiders.

Europa Oil & Gas Company Profile

Europa Oil & Gas (Holdings) plc, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas properties in the United Kingdom and Ireland. The company owns a working interest in the West Firsby and Crosby Warren fields, and a 65% non-operated interest in the Whisby W4 well located in the East Midlands; and the Inishkea prospect comprising FEL 4/19 licence located in the Slyne basin, Ireland.