Union Jack Oil (LON:UJO) Stock Passes Above 50 Day Moving Average – Here’s Why

Union Jack Oil plc (LON:UJOGet Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 2.76 and traded as high as GBX 2.90. Union Jack Oil shares last traded at GBX 2.80, with a volume of 395,440 shares traded.

Union Jack Oil Stock Performance

The company has a 50 day simple moving average of GBX 2.76 and a two-hundred day simple moving average of GBX 3.88. The firm has a market cap of £4.25 million, a PE ratio of -4.83, a P/E/G ratio of 0.21 and a beta of 0.77.

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.

Featured Articles

Receive News & Ratings for Union Jack Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Jack Oil and related companies with MarketBeat.com's FREE daily email newsletter.