Prospex Oil and Gas PLC (LON:PXOG – Get Free Report)’s share price shot up 1.7% on Tuesday . The company traded as high as GBX 2.30 ($0.03) and last traded at GBX 1.53 ($0.02). 540,413 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 11,940,000 shares. The stock had previously closed at GBX 1.50 ($0.02).
Prospex Oil and Gas Price Performance
The company has a current ratio of 2.16, a quick ratio of 2.08 and a debt-to-equity ratio of 8.99. The stock has a market cap of £1.35 million and a price-to-earnings ratio of -15.25. The stock has a fifty day simple moving average of GBX 1.53 and a 200-day simple moving average of GBX 1.53.
Prospex Oil and Gas Company Profile
Prospex Oil And Gas Plc operates as an oil and gas investment company in Europe. It has a 50% economic interest in the exploration area of the EIV-1 Suceava Concession in Romania; and 17% working interest in the Podere Gallina Exploration Permit, which covers an area of 500 square kilometers located in onshore northern Italy in the Po Valley.
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