Europa Oil & Gas (LON:EOG) Trading Up 5.3% – Time to Buy?

Europa Oil & Gas (Holdings) plc (LON:EOG)’s stock price was up 5.3% during trading on Friday . The stock traded as high as GBX 1 ($0.01) and last traded at GBX 1 ($0.01). Approximately 533,745 shares traded hands during trading, a decline of 72% from the average daily volume of 1,919,710 shares. The stock had previously closed at GBX 0.95 ($0.01).

Europa Oil & Gas Trading Up 5.3 %

The company has a quick ratio of 1.91, a current ratio of 1.59 and a debt-to-equity ratio of 0.16. The company has a market capitalization of £9.59 million, a PE ratio of 23.50 and a beta of 0.61. The stock’s fifty day moving average price is GBX 0.85 and its two-hundred day moving average price is GBX 0.92.

Insider Buying and Selling at Europa Oil & Gas

In related news, insider Will Holland bought 697,484 shares of the company’s stock in a transaction dated Wednesday, October 30th. The stock was purchased at an average cost of GBX 1 ($0.01) per share, with a total value of £6,974.84 ($8,803.28). 13.50% of the stock is currently owned by corporate insiders.

About Europa Oil & Gas

Europa Oil & Gas (Holdings) plc, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas properties in the United Kingdom and Ireland. The company owns a working interest in the West Firsby and Crosby Warren fields, and a 65% non-operated interest in the Whisby W4 well located in the East Midlands; and the Inishkea prospect comprising FEL 4/19 licence located in the Slyne basin, Ireland.