Nostrum Oil & Gas (LON:NOG) Trading Down 25.4% – Here’s Why

Shares of Nostrum Oil & Gas PLC (LON:NOGGet Free Report) were down 25.4% on Monday . The stock traded as low as GBX 2 and last traded at GBX 2.98. 1,053,275 shares changed hands during trading, an increase of 549% from the average daily volume of 162,194 shares. The stock had previously closed at GBX 4.

Nostrum Oil & Gas Trading Down 40.0%

The company has a debt-to-equity ratio of -202.62, a current ratio of 0.26 and a quick ratio of 0.17. The stock has a market capitalization of £2.48 million, a price-to-earnings ratio of -0.01, a PEG ratio of -0.07 and a beta of 0.78. The business has a 50 day simple moving average of GBX 3.59 and a 200-day simple moving average of GBX 3.17.

About Nostrum Oil & Gas

(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. Its principal producing asset is 100% owned Chinarevskoye field located in North-western Kazakhstan. Nostrum Oil & Gas PLC was founded in 1997 and is based in London, the United Kingdom.

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