NOSTRUM OIL & G (OTCMKTS:NSTRY) Lowered to “Strong Sell” at Zacks Investment Research

Zacks Investment Research downgraded shares of NOSTRUM OIL & G (OTCMKTS:NSTRY) from a hold rating to a strong sell rating in a report published on Friday, January 12th.

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 NOSTRUM OIL & G (OTCMKTS NSTRY) opened at $18.12 on Friday. NOSTRUM OIL & G has a 52 week low of $17.50 and a 52 week high of $26.42. The stock has a market cap of $852.47, a price-to-earnings ratio of -62.48 and a beta of 2.78. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.72 and a quick ratio of 1.50.

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Nostrum Oil and Gas PLC, an independent oil and gas 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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