UK Oil & Gas (LON:UKOG) Stock Passes Below Two Hundred Day Moving Average – Time to Sell?

Shares of UK Oil & Gas PLC (LON:UKOGGet Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 0.01 and traded as low as GBX 0.01. UK Oil & Gas shares last traded at GBX 0.01, with a volume of 21,975,447 shares.

UK Oil & Gas Stock Performance

The firm has a market cap of £2.61 million, a P/E ratio of -0.22 and a beta of 1.42. The company has a quick ratio of 0.79, a current ratio of 0.61 and a debt-to-equity ratio of 959.28. The business has a fifty day simple moving average of GBX 0.01 and a 200-day simple moving average of GBX 0.01.

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 positive return on equity of 283.85% and a negative net margin of 1,720.75%.The business had revenue of GBX 43 million during 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.

Further Reading

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