Nostrum Oil & Gas (LON:NOG) Hits New 52-Week High – Here’s Why

Nostrum Oil & Gas PLC (LON:NOGGet Free Report)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as GBX 4.50 and last traded at GBX 4.50, with a volume of 125568 shares. The stock had previously closed at GBX 3.50.

Nostrum Oil & Gas Stock Up 28.6%

The stock has a market cap of £7.42 million, a price-to-earnings ratio of -0.03, a price-to-earnings-growth ratio of -0.07 and a beta of 0.75. The firm’s fifty day moving average price is GBX 3.40 and its two-hundred day moving average price is GBX 3.12. The company has a debt-to-equity ratio of -218.18, a current ratio of 0.26 and a quick ratio of 0.17.

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. 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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