UK Oil & Gas (LON:UKOG) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

UK Oil & Gas PLC (LON:UKOGGet Free Report)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 0.01 and traded as high as GBX 0.01. UK Oil & Gas shares last traded at GBX 0.01, with a volume of 60,382,949 shares traded.

UK Oil & Gas Price Performance

The company’s 50 day moving average price is GBX 0.01 and its two-hundred day moving average price is GBX 0.02. The firm has a market cap of £3.20 million, a PE ratio of -0.12 and a beta of 1.44. The company has a current ratio of 0.15, a quick ratio of 0.79 and a debt-to-equity ratio of -105.45.

UK Oil & Gas (LON:UKOGGet Free Report) last released its earnings results on Tuesday, May 5th. The company reported GBX (0.04) earnings per share for the quarter. UK Oil & Gas had a negative net margin of 869.68% and a positive return on equity of 341.86%. The firm had revenue of GBX 43 million for the quarter.

About UK Oil & Gas

(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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