Union Jack Oil (LON:UJO) Shares Pass Above Fifty Day Moving Average – What’s Next?

Union Jack Oil plc (LON:UJOGet Free Report)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 4 and traded as high as GBX 5. Union Jack Oil shares last traded at GBX 4.73, with a volume of 21,679 shares changing hands.

Union Jack Oil Stock Performance

The stock has a fifty day moving average price of GBX 4 and a 200-day moving average price of GBX 3.33. The firm has a market capitalization of £6.93 million, a PE ratio of -7.88, a P/E/G ratio of 0.21 and a beta of 0.50.

About Union Jack Oil

(Get Free Report)

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.

Further Reading

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