Union Jack Oil (LON:UJO) Sets New 52-Week Low – Time to Sell?

Union Jack Oil plc (LON:UJO) shares reached a new 52-week low on Friday . The stock traded as low as GBX 2.30 and last traded at GBX 2.50, with a volume of 142482 shares traded. The stock had previously closed at GBX 2.40.

Union Jack Oil Stock Performance

The company has a market capitalization of £3.66 million, a PE ratio of -4.17, a PEG ratio of 0.21 and a beta of 0.77. The stock’s 50 day moving average is GBX 3.50 and its 200 day moving average is GBX 5.51.

Union Jack Oil (LON:UJO) last issued its earnings results on Monday, September 29th. The company reported GBX (0.46) earnings per share (EPS) for the quarter. Union Jack Oil had a net margin of 28.17% and a return on equity of 4.87%. On average, equities research analysts forecast that Union Jack Oil plc will post 1.7711172 EPS for the current fiscal 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. The company was incorporated in 2011 and is based in Bath, the United Kingdom.