Nostrum Oil & Gas (LON:NOG) Sets New 1-Year Low – What’s Next?

Nostrum Oil & Gas PLC (LON:NOG)’s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 1.50 and last traded at GBX 1.70, with a volume of 166436 shares traded. The stock had previously closed at GBX 1.71.

Nostrum Oil & Gas Price Performance

The stock’s 50 day moving average is GBX 3.02 and its two-hundred day moving average is GBX 3.38. The company has a debt-to-equity ratio of -327.13, a current ratio of 0.29 and a quick ratio of 0.17. The stock has a market capitalization of £2.80 million, a PE ratio of -0.01, a price-to-earnings-growth ratio of -0.07 and a beta of 0.51.

About Nostrum Oil & Gas

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.