Union Jack Oil (LON:UJO) Stock Price Down 12% – Should You Sell?

Union Jack Oil plc (LON:UJO)’s stock price was down 12% on Monday . The stock traded as low as GBX 2.42 and last traded at GBX 2.42. Approximately 193,260 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 492,580 shares. The stock had previously closed at GBX 2.75.

Union Jack Oil Stock Down 9.9%

The stock has a market cap of £3.63 million, a P/E ratio of -4.13, a PEG ratio of 0.21 and a beta of 0.77. The stock has a fifty day simple moving average of GBX 3.69 and a 200-day simple moving average of GBX 5.65.

Union Jack Oil (LON:UJO) last announced its quarterly earnings results on Monday, September 29th. The company reported GBX (0.46) EPS for the quarter. Union Jack Oil had a net margin of 28.17% and a return on equity of 4.87%. Sell-side analysts anticipate that Union Jack Oil plc will post 1.7711172 earnings per share for the current year.

Union Jack Oil Company Profile

Union Jack Oil plc operates as an onshore oil and gas company in the United Kingdom. The company focuses on production, drilling, development, and investment in hydrocarbon projects. It holds interests in the Wilzetta, West Newton, Wressle Discovery, Broughton North, Biscathorpe, Keddington Oilfield Louth, North Somercotes, Fiskerton Oilfield, North Kelsey, Dukes Wood, Kirklington, Widmerpool Gulf, Laughton, and Humber Basin projects.