Europa Oil & Gas (LON:EOG) Shares Pass Below 200 Day Moving Average – What’s Next?

Europa Oil & Gas (Holdings) plc (LON:EOG)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 0.89 ($0.01) and traded as low as GBX 0.76 ($0.01). Europa Oil & Gas shares last traded at GBX 0.83 ($0.01), with a volume of 535,515 shares traded.

Europa Oil & Gas Stock Performance

The firm has a market capitalization of £7.95 million, a price-to-earnings ratio of -1.17 and a beta of 0.61. 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 has a 50-day moving average price of GBX 0.87 and a 200 day moving average price of GBX 0.89.

Insider Transactions at Europa Oil & Gas

In related news, insider Will Holland acquired 623,153 shares of the stock in a transaction dated Friday, January 31st. The stock was acquired at an average cost of GBX 1 ($0.01) per share, with a total value of £6,231.53 ($7,862.14). Corporate 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.