Nostrum Oil & Gas (LON:NOG) Hits New 12-Month Low – Here’s Why

Nostrum Oil & Gas PLC (LON:NOG) shares hit a new 52-week low during trading on Friday . The stock traded as low as GBX 0.50 and last traded at GBX 1, with a volume of 69683 shares traded. The stock had previously closed at GBX 0.75.

Nostrum Oil & Gas Trading Up 33.3%

The company has a quick ratio of 0.17, a current ratio of 0.26 and a debt-to-equity ratio of -202.62. The firm has a market capitalization of £1.65 million, a P/E ratio of -0.01, a PEG ratio of -0.07 and a beta of 0.78. The firm has a 50 day moving average of GBX 3.21 and a 200-day moving average of GBX 3.04.

Nostrum Oil & Gas Company Profile

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.