Union Jack Oil (LON:UJO) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Union Jack Oil plc (LON:UJOGet Free Report) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 2.73 and traded as high as GBX 2.96. Union Jack Oil shares last traded at GBX 2.75, with a volume of 804,964 shares trading hands.

Union Jack Oil Stock Performance

The firm has a market capitalization of £3.88 million, a price-to-earnings ratio of -4.42, a P/E/G ratio of 0.21 and a beta of 0.77. The business has a fifty day moving average price of GBX 2.73 and a 200 day moving average price of GBX 4.60.

About Union Jack Oil

(Get Free Report)

Union Jack Oil plc operates as an onshore oil and gas company in the United Kingdom. The company focuses on production, drilling, development, and investment in hydrocarbon projects. It holds interests in the Wilzetta, West Newton, Wressle Discovery, Broughton North, Biscathorpe, Keddington Oilfield Louth, North Somercotes, Fiskerton Oilfield, North Kelsey, Dukes Wood, Kirklington, Widmerpool Gulf, Laughton, and Humber Basin projects. The company was incorporated in 2011 and is based in Bath, the United Kingdom.

Read More

Receive News & Ratings for Union Jack Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Jack Oil and related companies with MarketBeat.com's FREE daily email newsletter.