UK Oil & Gas (LON:UKOG) Share Price Passes Below Fifty Day Moving Average – Should You Sell?

Shares of UK Oil & Gas PLC (LON:UKOGGet Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 0.02 and traded as low as GBX 0.02. UK Oil & Gas shares last traded at GBX 0.02, with a volume of 111,060,969 shares trading hands.

UK Oil & Gas Trading Down 5.9%

The stock has a market capitalization of £4.65 million, a P/E ratio of -0.18 and a beta of 1.50. The company has a quick ratio of 0.79, a current ratio of 0.33 and a debt-to-equity ratio of 11.34. The firm has a 50 day moving average price of GBX 0.02.

UK Oil & Gas (LON:UKOGGet Free Report) last announced its quarterly earnings data on Tuesday, September 30th. The company reported GBX (0.09) earnings per share (EPS) for the quarter. UK Oil & Gas had a negative net margin of 275.84% and a negative return on equity of 10.42%.

UK Oil & Gas Company Profile

(Get Free Report)

UK Oil & Gas PLC operates as an oil and gas exploration and production company. It holds interest in the Loxley, Horse Hill, Horndean, Avington, Broadford Bridge, and Portland gas storage fields in the United Kingdom; and Basur-Resan field in Turkey. The company was incorporated in 2004 and is based in London, the United Kingdom.

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