Union Jack Oil (LON:UJO) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Shares of Union Jack Oil plc (LON:UJOGet Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 12.95 ($0.16) and traded as low as GBX 10.72 ($0.13). Union Jack Oil shares last traded at GBX 10.72 ($0.13), with a volume of 73,824 shares traded.

Union Jack Oil Price Performance

The business’s 50 day moving average is GBX 10.33 and its 200-day moving average is GBX 12.88. The company has a market cap of £12.15 million, a PE ratio of 1,140.00, a P/E/G ratio of 0.21 and a beta of 0.77.

Union Jack Oil Company Profile

(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.

Recommended Stories

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