Nostrum Oil & Gas (LON:NOG) Hits New 12-Month Low at $24.00

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Nostrum Oil & Gas PLC (LON:NOG)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 24 ($0.31) and last traded at GBX 24.30 ($0.32), with a volume of 314456 shares traded. The stock had previously closed at GBX 25.50 ($0.33).

NOG has been the topic of several research analyst reports. Numis Securities reaffirmed an “under review” rating on shares of Nostrum Oil & Gas in a report on Thursday, May 30th. Peel Hunt reissued an “add” rating on shares of Nostrum Oil & Gas in a research note on Tuesday, May 21st. Finally, Berenberg Bank lowered shares of Nostrum Oil & Gas to a “sell” rating in a research report on Wednesday, August 21st.

The firm has a market cap of $45.01 million and a P/E ratio of -0.38. The company has a debt-to-equity ratio of 202.59, a current ratio of 1.66 and a quick ratio of 1.34. The stock’s 50 day simple moving average is GBX 39.94 and its two-hundred day simple moving average is GBX 71.24.

Nostrum Oil & Gas Company Profile (LON:NOG)

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.

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