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

Europa Oil & Gas (Holdings) plc (LON:EOGGet Free Report)’s stock price dropped 5.1% during trading on Tuesday . The company traded as low as GBX 0.77 ($0.01) and last traded at GBX 0.83 ($0.01). Approximately 1,806,274 shares changed hands 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 Price Performance

The firm has a 50-day simple moving average of GBX 0.89 and a 200-day simple moving average of GBX 0.93. The firm has a market cap of £8.10 million, a P/E ratio of 23.50 and a beta of 0.61. The company has a current ratio of 1.59, a quick ratio of 1.91 and a debt-to-equity ratio of 0.16.

Insider Buying and Selling at Europa Oil & Gas

In other news, insider Will Holland purchased 697,484 shares of the business’s stock in a transaction on 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 ($8,586.53). 13.50% of the stock is owned by insiders.

About Europa Oil & Gas

(Get Free Report)

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.

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