United Oil & Gas (LON:UOG) Stock Price Down 8.7% – Here’s What Happened
by Mitch Edgeman · The Markets DailyUnited Oil & Gas Plc (LON:UOG – Get Free Report)’s stock price traded down 8.7% during mid-day trading on Tuesday . The company traded as low as GBX 0.20 and last traded at GBX 0.21. 55,517,309 shares were traded during trading, an increase of 12% from the average session volume of 49,593,297 shares. The stock had previously closed at GBX 0.23.
United Oil & Gas Stock Down 8.7%
The business’s 50 day moving average price is GBX 0.20 and its 200-day moving average price is GBX 0.20. 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 firm has a market capitalization of £9.74 million, a PE ratio of -4.20 and a beta of 1.66.
About United Oil & Gas
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.