Falcon Oil & Gas (CVE:FO) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Falcon Oil & Gas Ltd. (CVE:FOGet Free Report)’s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.09 and traded as low as C$0.09. Falcon Oil & Gas shares last traded at C$0.09, with a volume of 57,142 shares traded.

Falcon Oil & Gas Stock Up 5.9 %

The stock has a market cap of C$99.90 million, a P/E ratio of -12.50 and a beta of 0.51. The firm’s 50 day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.10.

Falcon Oil & Gas Company Profile

(Get Free Report)

Falcon Oil & Gas Ltd., an oil and gas company, engages in the exploration and development of unconventional oil and gas assets in Australia, South Africa, and Hungary. The company holds 22.5% interests in three exploration permits covering an area of approximately 1 million net acres in the Beetaloo Sub-basin, Northern Territory, Australia.

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