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Independent Oil and Gas plc (IOG) is a leading oil & gas e&p business based in the UK. It opened the day at 11.7p after a previous close of 11.625p. During the day the price has varied from a low of 11.22p to a high of 11.8046p. The latest price was 11.5p (25 minute delay). Independent Oil and Gas is listed on the London Stock Exchange (LSE) and employs 26 staff. All prices are listed in pence sterling.
Since the stock market crash in March caused by coronavirus, Independent Oil and Gas's share price has had significant negative movement.
Its last market close was 11.95p, which is 33.61% down on its pre-crash value of 18p and 28.22% up on the lowest point reached during the March crash when the shares fell as low as 9.32p.
If you had bought £1,000 worth of Independent Oil and Gas shares at the start of February 2020, those shares would have been worth £560.88 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth £653.90.
|52-week range||9.32p - 26p|
|50-day moving average||11.9221p|
|200-day moving average||14.0147p|
|Wall St. target price||69.83p|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||3.7p|
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The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
|1 week (2020-07-03)||1.10%|
|1 month (2020-06-12)||-8.00%|
|3 months (2020-04-09)||-14.81%|
|6 months (2020-01-10)||-41.03%|
|1 year (2019-07-12)||-19.83%|
|2 years (2018-07-12)||-60.68%|
|3 years (2017-07-12)||-8.91%|
|5 years (2015-07-10)||-34.29%|
Valuing Independent Oil and Gas stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Independent Oil and Gas's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Independent Oil and Gas's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, Independent Oil and Gas shares trade at around 3x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the FTSE 250 at the end of September 2019 (19.71). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
|Gross profit TTM||£-4,027,000|
|Return on assets TTM||-4.33%|
|Return on equity TTM||86.44%|
|Market capitalisation||£64.8 million|
TTM: trailing 12 months
We're not expecting Independent Oil and Gas to pay a dividend over the next 12 months. However, you can browse other dividend-paying shares in our guide.
Over the last 12 months, Independent Oil and Gas's shares have ranged in value from as little as 9.32p up to 26p. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (LSE average) beta is 1, while Independent Oil and Gas's is 1.0192. This would suggest that Independent Oil and Gas's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Independent Oil and Gas plc explores for and develops oil and gas properties in the North Sea, the United Kingdom. It focuses on the development of hydrocarbons. The company 50% working interests in the Blythe gas field, Elgood, Elland, Nailsworth, Southwark, Goddard, and Abbeydale; and 100% interests in Harvey and Redwell properties in the North Sea. It also owns and operates pipelines. Independent Oil and Gas plc was incorporated in 2010 and is headquartered in London, the United Kingdom.
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