NOSTRUM OIL & G/ADR (OTCMKTS:NSTRY) Cut to Sell at Zacks Investment Research

Zacks Investment Research cut shares of NOSTRUM OIL & G/ADR (OTCMKTS:NSTRY) from a hold rating to a sell rating in a research note published on Tuesday morning, Zacks.com reports.

According to Zacks, “Nostrum Oil & Gas PLC is an oil and gas company. It engaged in the production, development and exploration of oil and gas primarily in the pre-Caspian Basin. The company’s principal producing asset consists of Nostrum in the Chinarevskoye field. Nostrum Oil & Gas PLC is based in Amsterdam, Netherlands. “

Shares of NSTRY remained flat at $$0.40 on Tuesday. 5,000 shares of the company were exchanged. The company’s 50-day moving average price is $0.40 and its 200 day moving average price is $3.46. The company has a quick ratio of 1.40, a current ratio of 1.66 and a debt-to-equity ratio of 1.97. The stock has a market capitalization of $18.82 million, a PE ratio of -8.00 and a beta of 1.66. NOSTRUM OIL & G/ADR has a one year low of $0.10 and a one year high of $0.40.

About NOSTRUM OIL & G/ADR

Nostrum Oil & Gas PLC, an independent oil and gas exploration company, engages in the exploration, development, and production of oil and gas in the pre-Caspian Basin. The company discovers and develops oil and gas reserves, as well as produces and sells crude oil, stabilized condensate, liquefied petroleum gas, and dry gas.

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