Union Jack Oil (LON:UJO) Sets New 1-Year Low – Time to Sell?

Union Jack Oil plc (LON:UJOGet Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 9.02 ($0.11) and last traded at GBX 9.87 ($0.12), with a volume of 200222 shares traded. The stock had previously closed at GBX 10.50 ($0.13).

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “house stock” rating on shares of Union Jack Oil in a research report on Monday, September 16th.

Check Out Our Latest Analysis on UJO

Union Jack Oil Trading Up 9.2 %

The stock has a market capitalization of £11.05 million, a PE ratio of 1,037.00, a PEG ratio of 0.21 and a beta of 0.77. The business’s 50 day moving average is GBX 10.62 and its 200 day moving average is GBX 14.50.

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.

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