Europa Oil & Gas (LON:EOG) Sets New 1-Year Low – Here’s What Happened

Europa Oil & Gas (Holdings) plc (LON:EOG) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 0.61 ($0.01) and last traded at GBX 0.75 ($0.01), with a volume of 2295120 shares traded. The stock had previously closed at GBX 0.70 ($0.01).

Europa Oil & Gas Trading Up 4.9 %

The firm has a fifty day moving average of GBX 0.88 and a 200-day moving average of GBX 0.93. The firm has a market cap of £7.04 million, a P/E ratio of 23.50 and a beta of 0.61. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.91 and a current ratio of 1.59.

Insiders Place Their Bets

In other Europa Oil & Gas news, insider Will Holland acquired 697,484 shares of the firm’s stock in a transaction on Wednesday, October 30th. The stock was purchased at an average cost of GBX 1 ($0.01) per share, for a total transaction of £6,974.84 ($8,975.47). 13.50% of the stock is 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.