Europa Oil & Gas (LON:EOG) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Europa Oil & Gas (Holdings) plc (LON:EOGGet Free Report)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1.34 and traded as high as GBX 1.90. Europa Oil & Gas shares last traded at GBX 1.72, with a volume of 1,201,842 shares.

Europa Oil & Gas Stock Down 6.7%

The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.91 and a current ratio of 2.01. The business’s 50 day moving average is GBX 1.91 and its 200 day moving average is GBX 1.35. The stock has a market cap of £15.65 million, a price-to-earnings ratio of -2.30 and a beta of 0.61.

Insider Transactions at Europa Oil & Gas

In related news, insider Will Holland purchased 138,997 shares of Europa Oil & Gas stock in a transaction on Tuesday, December 30th. The stock was bought at an average price of GBX 2 per share, with a total value of £2,779.94. Corporate insiders own 18.08% of the company’s stock.

Europa Oil & Gas Company Profile

(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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