Europa Oil & Gas (LON:EOG) Shares Down 5.1% – Should You Sell?

Europa Oil & Gas (Holdings) plc (LON:EOG) dropped 5.1% on Tuesday . The stock traded as low as GBX 0.77 ($0.01) and last traded at GBX 0.83 ($0.01). Approximately 1,806,274 shares were traded during mid-day trading, an increase of 30% from the average daily volume of 1,392,253 shares. The stock had previously closed at GBX 0.88 ($0.01).

Europa Oil & Gas Stock Down 5.1 %

The stock has a fifty day moving average price of GBX 0.89 and a 200-day moving average price of GBX 0.93. The firm has a market cap of £7.96 million, a PE 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 bought 697,484 shares of the company’s stock in a transaction dated Wednesday, October 30th. The shares were acquired at an average cost of GBX 1 ($0.01) per share, with a total value of £6,974.84 ($8,600.30). 13.50% of the stock is owned by insiders.

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.