UK Oil & Gas (LON:UKOG) Shares Down 6.3% – What’s Next?

UK Oil & Gas PLC (LON:UKOGGet Free Report)’s share price dropped 6.3% on Tuesday . The company traded as low as GBX 0.01 and last traded at GBX 0.02. Approximately 201,573,781 shares traded hands during trading, a decline of 14% from the average daily volume of 235,372,766 shares. The stock had previously closed at GBX 0.02.

UK Oil & Gas Price Performance

The business’s 50-day moving average price is GBX 0.02. The company has a market capitalization of £4.07 million, a P/E ratio of -0.16 and a beta of 1.50. The company has a debt-to-equity ratio of 11.34, a current ratio of 0.33 and a quick ratio of 0.79.

UK Oil & Gas Company Profile

(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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