United Oil & Gas (LON:UOG) Trading 15.3% Higher – Should You Buy?

United Oil & Gas Plc (LON:UOGGet Free Report)’s share price traded up 15.3% on Friday . The company traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.17 ($0.00). 11,932,697 shares traded hands during trading, a decline of 76% from the average session volume of 48,924,348 shares. The stock had previously closed at GBX 0.15 ($0.00).

United Oil & Gas Stock Up 17.3%

The business has a 50-day moving average price of GBX 0.16 and a two-hundred day moving average price of GBX 0.14. 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 firm has a market cap of £4.42 million, a PE ratio of -76.52 and a beta of 1.66.

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.

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