UK Oil & Gas (LON:UKOG) Stock Price Down 10% – Here’s Why

UK Oil & Gas PLC (LON:UKOGGet Free Report)’s share price was down 10% during trading on Thursday . The company traded as low as GBX 0.01 and last traded at GBX 0.01. 97,341,078 shares traded hands during mid-day trading, a decline of 54% from the average session volume of 209,958,406 shares. The stock had previously closed at GBX 0.01.

UK Oil & Gas Stock Performance

The firm has a market cap of £2.61 million, a price-to-earnings ratio of -0.21 and a beta of 1.44. The company has a debt-to-equity ratio of -105.45, a current ratio of 0.15 and a quick ratio of 0.79. The firm has a fifty day simple moving average of GBX 0.01 and a two-hundred day simple moving average of GBX 0.01.

UK Oil & Gas (LON:UKOGGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported GBX (0.04) earnings per share (EPS) for the quarter. The company had revenue of GBX 43 million for the quarter. UK Oil & Gas had a negative net margin of 869.68% and a positive return on equity of 341.86%.

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.

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