United Oil & Gas (LON:UOG) Trading 17.3% Higher – Still a Buy?

United Oil & Gas Plc (LON:UOGGet Free Report)’s stock price shot up 17.3% during trading on Tuesday . The company traded as high as GBX 0.12 ($0.00) and last traded at GBX 0.12 ($0.00). 99,538,625 shares changed hands during mid-day trading, an increase of 206% from the average session volume of 32,556,285 shares. The stock had previously closed at GBX 0.10 ($0.00).

United Oil & Gas Trading Up 17.3 %

The company has a 50-day moving average of GBX 0.12 and a 200 day moving average of GBX 0.16. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.92 and a quick ratio of 1.54. The company has a market cap of £1.33 million, a PE ratio of 165.00 and a beta of 1.66.

About United Oil & Gas

(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.

Recommended Stories

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