Union Jack Oil (LON:UJO) Trading 10.3% Higher – Here’s Why

Union Jack Oil plc (LON:UJO)’s stock price shot up 10.3% during trading on Friday . The stock traded as high as GBX 4 and last traded at GBX 4. Approximately 129,209 shares were traded during trading, a decline of 86% from the average session volume of 905,662 shares. The stock had previously closed at GBX 3.62.

Union Jack Oil Stock Up 10.3%

The stock has a market cap of £5.86 million, a PE ratio of -0.70, a price-to-earnings-growth ratio of 0.21 and a beta of 0.49. The company’s fifty day moving average is GBX 3.96 and its 200 day moving average is GBX 3.56.

Union Jack Oil (LON:UJO) last posted its earnings results on Tuesday, May 26th. The company reported GBX (568) earnings per share for the quarter. Union Jack Oil had a negative net margin of 282.36% and a negative return on equity of 36.79%. The business had revenue of GBX 249 million for the quarter. Equities analysts expect that Union Jack Oil plc will post 1.7711172 EPS for the current year.

Union Jack Oil Company Profile

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.