Shares of United Oil & Gas Plc (LON:UOG – Get Free Report) rose 11.1% on Wednesday . The company traded as high as GBX 0.20 and last traded at GBX 0.20. Approximately 33,072,496 shares changed hands during trading, a decline of 53% from the average daily volume of 70,577,758 shares. The stock had previously closed at GBX 0.18.
United Oil & Gas Stock Up 16.7%
The company has a current ratio of 0.92, a quick ratio of 1.54 and a debt-to-equity ratio of 0.67. The firm has a market cap of £9.23 million, a PE ratio of -2.63 and a beta of 1.66. The stock has a fifty day simple moving average of GBX 0.21 and a two-hundred day simple moving average of GBX 0.16.
About United Oil & Gas
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.
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