Nostrum Oil & Gas (LON:NOG) Hits New 52-Week Low – Should You Sell?

Shares of Nostrum Oil & Gas PLC (LON:NOGGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 2.50 ($0.03) and last traded at GBX 2.76 ($0.03), with a volume of 3013173 shares changing hands. The stock had previously closed at GBX 2.79 ($0.04).

Nostrum Oil & Gas Price Performance

The business’s fifty day simple moving average is GBX 3.77 and its 200-day simple moving average is GBX 4.40. The company has a current ratio of 4.86, a quick ratio of 0.17 and a debt-to-equity ratio of 200.65. The firm has a market cap of £4.67 million, a P/E ratio of -0.65, a PEG ratio of -0.07 and a beta of 1.33.

Nostrum Oil & Gas Company Profile

(Get Free Report)

Nostrum Oil & Gas PLC, an independent oil and gas company, engages in the exploration, development, and production of oil and gas in the pre-Caspian Basin. The company discovers and develops oil and gas reserves, as well as produces and sells crude oil, stabilized condensate, liquefied petroleum gas, and dry gas.

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