Union Jack Oil (LON:UJO) Stock Price Crosses Below 200 Day Moving Average – Here’s Why

Union Jack Oil plc (LON:UJOGet Free Report)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 3.39 and traded as low as GBX 3.30. Union Jack Oil shares last traded at GBX 3.39, with a volume of 1,322,342 shares trading hands.

Union Jack Oil Stock Performance

The firm’s 50-day simple moving average is GBX 4 and its 200 day simple moving average is GBX 3.39. The company has a market cap of £4.97 million, a P/E ratio of -0.60, a PEG ratio of 0.21 and a beta of 0.50.

Union Jack Oil (LON:UJOGet Free Report) last issued its earnings results on Tuesday, May 26th. The company reported GBX (568) EPS 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. As a group, research analysts forecast that Union Jack Oil plc will post 1.7711172 earnings per share for the current year.

About Union Jack Oil

(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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