Europa Oil & Gas (LON:EOG) Shares Pass Above 200-Day Moving Average – Time to Sell?

Europa Oil & Gas (Holdings) plc (LON:EOG) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1.45 and traded as high as GBX 1.60. Europa Oil & Gas shares last traded at GBX 1.54, with a volume of 3,018,059 shares traded.

Europa Oil & Gas Stock Performance

The firm’s fifty day moving average price is GBX 1.82 and its two-hundred day moving average price is GBX 1.45. The stock has a market capitalization of £15.54 million, a PE ratio of -2.25 and a beta of 0.61. The company has a current ratio of 2.01, a quick ratio of 1.91 and a debt-to-equity ratio of 0.32.

Insider Buying and Selling at Europa Oil & Gas

In other news, insider Will Holland bought 749,641 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were acquired at an average price of GBX 1 per share, for a total transaction of £7,496.41. 18.32% of the stock is currently owned by company insiders.

Europa Oil & Gas Company Profile

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.