United Oil & Gas (LON:UOG) Trading Down 0.8% – What’s Next?

Shares of United Oil & Gas Plc (LON:UOGGet Free Report) were down 0.8% during trading on Friday . The stock traded as low as GBX 0.11 and last traded at GBX 0.13. Approximately 23,395,977 shares traded hands during trading, a decline of 56% from the average daily volume of 52,659,422 shares. The stock had previously closed at GBX 0.13.

United Oil & Gas Stock Performance

The stock has a market cap of £5.29 million, a P/E ratio of -1.63 and a beta of 1.66. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.92 and a quick ratio of 1.54. The stock’s 50 day simple moving average is GBX 0.13 and its two-hundred day simple moving average is GBX 0.16.

United Oil & Gas Company Profile

(Get Free Report)

United Oil & Gas is a high growth oil and gas company, headquartered in Dublin and listed on the AIM market of the London Stock Exchange. United has a portfolio of low-risk, cash generative exploration, development, appraisal and production interests in Egypt, Jamaica and the UK. Led by an experienced management team with a strong track record of growing full cycle businesses and partnered with established industry players, the Company is well positioned to deliver future growth through portfolio optimisation and targeted acquisitions.

Further Reading

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