UK Oil & Gas (LON:UKOG) Stock Breaks Below 50-Day Moving Average – Here’s What Happened

UK Oil & Gas PLC (LON:UKOG – Get Free Report)’s share price crossed below its 50 day moving average during trading on Monday. The stock has a 50 day moving average of GBX 0.01 and traded as low as GBX 0.01. UK Oil & Gas shares last traded at GBX 0.01, with a volume of 44,925,313 shares changing hands.

UK Oil & Gas Price Performance

The company has a current ratio of 0.61, a quick ratio of 0.79 and a debt-to-equity ratio of 959.28. The stock has a market cap of £2.91 million, a PE ratio of -0.25 and a beta of 1.49. The company has a fifty day moving average of GBX 0.01 and a 200-day moving average of GBX 0.01.

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.

Further Reading

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