Nostrum Oil & Gas (LON:NOG) Hits New 12-Month Low at $43.00

Nostrum Oil & Gas PLC (LON:NOG) shares reached a new 52-week low during trading on Thursday . The company traded as low as GBX 43 ($0.56) and last traded at GBX 43 ($0.56), with a volume of 13953 shares. The stock had previously closed at GBX 44.05 ($0.58).

Several equities analysts recently issued reports on the company. Numis Securities restated an “under review” rating on shares of Nostrum Oil & Gas in a research report on Thursday, May 30th. Berenberg Bank restated a “buy” rating and issued a GBX 200 ($2.61) price target on shares of Nostrum Oil & Gas in a research report on Tuesday, May 21st. Finally, Peel Hunt restated an “add” rating on shares of Nostrum Oil & Gas in a research report on Tuesday, May 21st.

The business’s 50-day moving average price is GBX 48.49. The company has a market cap of $79.65 million and a PE ratio of -0.67. The company has a current ratio of 1.66, a quick ratio of 1.34 and a debt-to-equity ratio of 202.59.

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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