Today Independent Oil & Gas PLC Stock Crashes

 Today Independent Oil & Gas PLC Stock Crashes

The stock of Independent Oil & Gas PLC (LON:IOG) is a huge mover today! The stock decreased 2.33% or GBX 0.38 on November 22, hitting GBX 15.75. About 484,295 shares traded hands. Independent Oil & Gas PLC (LON:IOG) has risen 25.24% since April 21, 2016 and is uptrending. It has outperformed by 20.69% the S&P500.
The move comes after 5 months negative chart setup for the GBX 16.70M company. It was reported on Nov, 22 by We have GBX 14.96 PT which if reached, will make LON:IOG worth GBX 835,000 less.

Independent Oil and Gas plc is a development and production company. The company has a market cap of 16.70 million GBP. The Firm is engaged in the exploration and development of gas and oil opportunities in the United Kingdom North Sea. It has a 3.42 P/E ratio. The Firm owns approximately two traditional licenses and over two promote licenses all in the North Sea.

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