UK Oil & Gas (LON:UKOG) Stock Price Down 6.3% – Here’s Why

UK Oil & Gas PLC (LON:UKOGGet Free Report) was down 6.3% on Thursday . The stock traded as low as GBX 0.01 and last traded at GBX 0.02. Approximately 47,609,605 shares were traded during trading, a decline of 78% from the average daily volume of 213,827,984 shares. The stock had previously closed at GBX 0.02.

UK Oil & Gas Stock Performance

The company’s 50 day moving average price is GBX 0.02. The stock has a market cap of £4.36 million, a P/E ratio of -0.17 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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