Europa Oil & Gas (LON:EOG) Stock Price Down 8.3% – Should You Sell?
by Renee Jackson · The Cerbat GemEuropa Oil & Gas (Holdings) plc (LON:EOG – Get Free Report) shares dropped 8.3% during mid-day trading on Tuesday . The company traded as low as GBX 1.93 and last traded at GBX 1.93. Approximately 1,051,108 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 7,006,299 shares. The stock had previously closed at GBX 2.10.
Europa Oil & Gas Stock Down 11.0%
The firm has a market cap of £17.94 million, a price-to-earnings ratio of -2.63 and a beta of 0.61. The stock’s 50 day moving average is GBX 1.87 and its 200 day moving average is GBX 1.19. The company has a quick ratio of 1.91, a current ratio of 2.01 and a debt-to-equity ratio of 0.32.
Insider Transactions at Europa Oil & Gas
In other news, insider Will Holland bought 138,997 shares of the stock in a transaction that occurred on Tuesday, December 30th. The shares were purchased at an average cost of GBX 2 per share, with a total value of £2,779.94. 18.08% of the stock is currently owned by insiders.
About Europa Oil & Gas
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.