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

UK Oil & Gas PLC (LON:UKOGGet Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 0.02 and traded as low as GBX 0.02. UK Oil & Gas shares last traded at GBX 0.02, with a volume of 62,114,320 shares trading hands.

UK Oil & Gas Stock Performance

The firm has a market capitalization of £4.65 million, a PE ratio of -0.18 and a beta of 1.50. The company has a quick ratio of 0.79, a current ratio of 0.33 and a debt-to-equity ratio of 11.34. The business has a 50 day moving average of GBX 0.02.

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.

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