Prospex Oil and Gas PLC (LON:PXOG – Get Free Report) was up 1.7% on Thursday . The company traded as high as GBX 2.30 ($0.03) and last traded at GBX 1.53 ($0.02). Approximately 540,413 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 11,940,000 shares. The stock had previously closed at GBX 1.50 ($0.02).
Prospex Oil and Gas Price Performance
The company has a debt-to-equity ratio of 8.99, a current ratio of 2.16 and a quick ratio of 2.08. The stock has a 50 day moving average price of GBX 1.53 and a two-hundred day moving average price of GBX 1.53. The firm has a market capitalization of £1.35 million and a price-to-earnings ratio of -15.25.
About Prospex Oil and Gas
Prospex Oil And Gas Plc operates as an oil and gas investment company in Europe. It has a 50% economic interest in the exploration area of the EIV-1 Suceava Concession in Romania; and 17% working interest in the Podere Gallina Exploration Permit, which covers an area of 500 square kilometers located in onshore northern Italy in the Po Valley.
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