Europa Oil & Gas (LON:EOG) Shares Pass Above 200-Day Moving Average of $1.79

Shares of Europa Oil & Gas (Holdings) plc (LON:EOG – Get Rating) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1.79 ($0.02) and traded as high as GBX 2.57 ($0.03). Europa Oil & Gas shares last traded at GBX 2.35 ($0.03), with a volume of 6,654,028 shares traded.

The stock’s 50 day moving average is GBX 2.44 and its two-hundred day moving average is GBX 1.79. The company has a debt-to-equity ratio of 2.49, a current ratio of 0.93 and a quick ratio of 0.69. The stock has a market capitalization of £22.48 million and a PE ratio of -23.50.

About Europa Oil & Gas (LON:EOG)

Europa Oil & Gas (Holdings) plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties. The company owns a 99% working interest in the West Firsby; 100% working interest in the Crosby Warren fields; and a 65% working interest in the Whisby-4 oilfields located in the East Midlands, the United Kingdom.

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