Europa Oil & Gas (LON:EOG) Shares Down 5.3% – Here’s What Happened

Europa Oil & Gas (Holdings) plc (LON:EOG)’s stock price was down 5.3% during trading on Tuesday . The company traded as low as GBX 0.59 ($0.01) and last traded at GBX 0.71 ($0.01). Approximately 2,199,880 shares traded hands during trading, an increase of 41% from the average daily volume of 1,561,401 shares. The stock had previously closed at GBX 0.75 ($0.01).

Europa Oil & Gas Trading Down 5.3 %

The company has a market cap of £6.81 million, a P/E ratio of -1.00 and a beta of 0.61. The company has a quick ratio of 1.91, a current ratio of 2.01 and a debt-to-equity ratio of 0.32. The firm’s 50 day moving average is GBX 0.77 and its two-hundred day moving average is GBX 0.85.

Europa Oil & Gas (LON:EOG) last issued its quarterly earnings results on Thursday, March 20th. The company reported GBX (0.04) ($0.00) earnings per share for the quarter. Europa Oil & Gas had a negative net margin of 190.16% and a negative return on equity of 102.27%. As a group, equities research analysts anticipate that Europa Oil & Gas will post 40.5714332 EPS for the current year.

Insider Buying and Selling at Europa Oil & Gas

In other news, insider Will Holland purchased 765,763 shares of the business’s stock in a transaction on Thursday, March 20th. The shares were acquired at an average price of GBX 1 ($0.01) per share, with a total value of £7,657.63 ($9,894.86). Insiders own 13.50% of the company’s stock.

About Europa Oil & Gas

Europa Oil & Gas (Holdings) plc (AIM: EOG) has a diversified portfolio of multi-stage hydrocarbon assets which includes production, development and exploration interests, in countries that are politically stable, have transparent licensing processes, and offer attractive terms.