Nu-Oil and Gas (LON:NUOG) Sets New 1-Year Low at $0.09

Nu-Oil and Gas PLC (LON:NUOG) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 0.09 ($0.00) and last traded at GBX 0.10 ($0.00), with a volume of 7950005 shares traded. The stock had previously closed at GBX 0.11 ($0.00).

The company has a market capitalization of $1.71 million and a P/E ratio of -1.15. The company has a fifty day simple moving average of GBX 0.19.

About Nu-Oil and Gas (LON:NUOG)

Nu-Oil and Gas plc, an independent oil and gas company, engages in the identification, development, and operation of hydrocarbon assets in Canada. It holds 100% interests in an onshore petroleum lease, PL2002-01(A) covering 4,500 acres; and offshore exploration license, EL1070 comprising 254,608 acres located in the Port au Port Peninsula, western Newfoundland.

Recommended Story: Bear Market

Receive News & Ratings for Nu-Oil and Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nu-Oil and Gas and related companies with MarketBeat.com's FREE daily email newsletter.