IOG (LON:IOG) Stock Crosses Above Fifty Day Moving Average – Time to Sell?

IOG plc (LON:IOGGet Free Report)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 0.95 ($0.01) and traded as high as GBX 1.08 ($0.01). IOG shares last traded at GBX 0.95 ($0.01), with a volume of 7,103,820 shares traded.

IOG Stock Performance

The company has a quick ratio of 0.47, a current ratio of 0.60 and a debt-to-equity ratio of 4,373.56. The stock has a market capitalization of £4.99 million, a price-to-earnings ratio of -19.00 and a beta of 0.40. The stock’s 50-day simple moving average is GBX 0.95 and its 200 day simple moving average is GBX 0.95.

About IOG

(Get Free Report)

IOG plc engages in the exploration and development of oil and gas properties in the North Sea, the United Kingdom. It focuses on the gas resources. The company holds 50% working interests in the Blythe gas field, Elgood, Elland, Nailsworth, Southwark, Goddard, Southsea, Abbeydale, Thornbridge, Kelham, Panther, and Grafton licences.

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