NOSTRUM OIL & G/ADR (OTCMKTS:NSTRY) Lowered to “Sell” at Zacks Investment Research

Zacks Investment Research cut shares of NOSTRUM OIL & G/ADR (OTCMKTS:NSTRY) from a hold rating to a sell rating in a research note issued to investors on Tuesday, Zacks.com reports.

According to Zacks, “Nostrum Oil & Gas PLC is an oil and gas company. It engaged in the production, development and exploration of oil and gas primarily in the pre-Caspian Basin. The company’s principal producing asset consists of Nostrum in the Chinarevskoye field. Nostrum Oil & Gas PLC is based in Amsterdam, Netherlands. “

Shares of NSTRY stock opened at $0.40 on Tuesday. The company has a market capitalization of $18.82 million, a price-to-earnings ratio of -8.00 and a beta of 1.66. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.40 and a current ratio of 1.66. The company has a 50-day simple moving average of $0.40 and a 200 day simple moving average of $3.50. NOSTRUM OIL & G/ADR has a 52 week low of $0.10 and a 52 week high of $0.40.

About NOSTRUM OIL & G/ADR

Nostrum Oil & Gas PLC, an independent oil and gas exploration 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.

Further Reading: Outstanding Shares and The Effect on Share Price

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