Nostrum Oil & Gas (LON:NOG) Hits New 52-Week Low – Here’s What Happened

Nostrum Oil & Gas PLC (LON:NOG)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 2.50 and last traded at GBX 2.55, with a volume of 529924 shares trading hands. The stock had previously closed at GBX 2.75.

Nostrum Oil & Gas Stock Performance

The stock has a market cap of £4.78 million, a PE ratio of -0.01, a PEG ratio of -0.07 and a beta of 0.51. The stock has a fifty day simple moving average of GBX 3.39 and a two-hundred day simple moving average of GBX 3.52. The company has a debt-to-equity ratio of -327.13, a quick ratio of 0.17 and a current ratio of 0.29.

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.