Europa Oil & Gas (LON:EOG) Shares Up 12.9% – What’s Next?

Europa Oil & Gas (Holdings) plc (LON:EOG)’s share price shot up 12.9% during mid-day trading on Friday . The stock traded as high as GBX 0.65 ($0.01) and last traded at GBX 0.65 ($0.01). 550,308 shares were traded during mid-day trading, a decline of 68% from the average session volume of 1,734,420 shares. The stock had previously closed at GBX 0.58 ($0.01).

Europa Oil & Gas Price Performance

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 stock’s 50-day moving average is GBX 0.73 and its 200-day moving average is GBX 0.83. The firm has a market cap of £5.43 million, a P/E ratio of -0.80 and a beta of 0.61.

Europa Oil & Gas (LON:EOG) last announced its quarterly earnings results on Thursday, March 20th. The company reported GBX (0.04) ($0.00) earnings per share for the quarter. Europa Oil & Gas had a negative net margin of 190.16% and a negative return on equity of 102.27%. As a group, equities analysts anticipate that Europa Oil & Gas will post 40.5714332 EPS for the current fiscal year.

Insider Buying and Selling at Europa Oil & Gas

In other Europa Oil & Gas news, insider Will Holland acquired 765,763 shares of the stock in a transaction dated Thursday, March 20th. The shares were bought at an average cost of GBX 1 ($0.01) per share, for a total transaction of £7,657.63 ($9,874.44). Company insiders own 13.50% of the company’s stock.

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.