United Oil & Gas (LON:UOG) Stock Price Breaks Below 200 Day Moving Average – Here’s What Happened

Shares of United Oil & Gas Plc (LON:UOG – Get Free Report) passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 0.20 and traded as low as GBX 0.19. United Oil & Gas shares last traded at GBX 0.20, with a volume of 76,444,875 shares.

United Oil & Gas Stock Performance

The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.54 and a current ratio of 0.92. The company has a market capitalization of £10.03 million, a PE ratio of -4.04 and a beta of 1.66. The company has a 50 day moving average price of GBX 0.22 and a 200 day moving average price of GBX 0.20.

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.

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