United Oil & Gas (LON:UOG) Stock Price Down 14.1% – Here’s Why

United Oil & Gas Plc (LON:UOGGet Free Report) traded down 14.1% during mid-day trading on Monday . The stock traded as low as GBX 0.12 ($0.00) and last traded at GBX 0.12 ($0.00). 27,437,094 shares traded hands during trading, a decline of 53% from the average session volume of 58,760,984 shares. The stock had previously closed at GBX 0.14 ($0.00).

United Oil & Gas Price Performance

The business’s 50 day simple moving average is GBX 0.10 and its two-hundred day simple moving average is GBX 0.12. The stock has a market capitalization of £1.50 million, a P/E ratio of 165.00 and a beta of 1.66. The company has a quick ratio of 1.54, a current ratio of 0.92 and a debt-to-equity ratio of 0.67.

About United Oil & Gas

(Get Free Report)

United Oil & Gas is a high growth oil and gas company, headquartered in Dublin and listed on the AIM market of the London Stock Exchange. United has a portfolio of low-risk, cash generative exploration, development, appraisal and production interests in Egypt, Jamaica and the UK. Led by an experienced management team with a strong track record of growing full cycle businesses and partnered with established industry players, the Company is well positioned to deliver future growth through portfolio optimisation and targeted acquisitions.

Further Reading

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