United Oil & Gas (LON:UOG) Trading 5% Higher – Time to Buy?

by · The Markets Daily

Shares of United Oil & Gas Plc (LON:UOG – Get Free Report) were up 5% on Monday . The company traded as high as GBX 0.21 and last traded at GBX 0.21. Approximately 52,394,230 shares traded hands during trading, a decline of 42% from the average daily volume of 89,576,125 shares. The stock had previously closed at GBX 0.20.

United Oil & Gas Stock Performance

The stock has a market capitalization of £9.23 million, a P/E ratio of -2.63 and a beta of 1.66. The company has a quick ratio of 1.54, a current ratio of 0.92 and a debt-to-equity ratio of 0.67. The company has a 50-day moving average price of GBX 0.17 and a two-hundred day moving average price of GBX 0.15.

United Oil & Gas Company Profile

(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.

See Also