Nostrum Oil & Gas’ (NOG) “Add” Rating Reaffirmed at Peel Hunt

Peel Hunt restated their add rating on shares of Nostrum Oil & Gas (LON:NOG) in a research note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.

Separately, Berenberg Bank dropped their target price on Nostrum Oil & Gas from GBX 260 ($3.40) to GBX 200 ($2.61) and set a buy rating on the stock in a report on Wednesday, January 9th.

Nostrum Oil & Gas stock opened at GBX 92.80 ($1.21) on Tuesday. The stock has a market cap of $171.90 million and a P/E ratio of -1.42. Nostrum Oil & Gas has a 52 week low of GBX 81.90 ($1.07) and a 52 week high of GBX 307 ($4.01). The company has a current ratio of 1.72, a quick ratio of 1.43 and a debt-to-equity ratio of 202.80.

Nostrum Oil & Gas Company Profile

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.

See Also: Return on Equity (ROE)

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