United Oil & Gas (LON:UOG) Shares Down 5% – What’s Next?

United Oil & Gas Plc (LON:UOG)’s share price traded down 5% during mid-day trading on Monday . The company traded as low as GBX 0.17 and last traded at GBX 0.19. 59,386,820 shares changed hands during trading, a decline of 41% from the average session volume of 100,845,531 shares. The stock had previously closed at GBX 0.20.

United Oil & Gas Stock Down 5.0%

The stock has a market capitalization of £7.73 million, a price-to-earnings ratio of -2.38 and a beta of 1.66. 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 business’s 50-day moving average is GBX 0.15 and its two-hundred day moving average is GBX 0.15.

United Oil & Gas Company Profile

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.