Union Jack Oil (LON:UJO) Shares Down 8.6% – Should You Sell?

Union Jack Oil plc (LON:UJOGet Free Report) fell 8.6% during mid-day trading on Wednesday . The company traded as low as GBX 4.70 and last traded at GBX 4.90. 1,830,994 shares changed hands during mid-day trading, an increase of 73% from the average session volume of 1,060,630 shares. The stock had previously closed at GBX 5.36.

Union Jack Oil Trading Up 2.0%

The firm has a market capitalization of £7.33 million, a price-to-earnings ratio of -8.33, a PEG ratio of 0.21 and a beta of 0.50. The stock has a fifty day moving average of GBX 3.96 and a 200-day moving average of GBX 3.32.

Union Jack Oil Company Profile

(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.

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