United Oil & Gas (LON:UOG) Stock Price Up 5.3% – Should You Buy?

United Oil & Gas Plc (LON:UOGGet Free Report)’s share price rose 5.3% during mid-day trading on Tuesday . The company traded as high as GBX 0.22 and last traded at GBX 0.20. Approximately 20,319,533 shares changed hands during trading, a decline of 61% from the average session volume of 52,560,480 shares. The stock had previously closed at GBX 0.19.

United Oil & Gas Stock Performance

The firm has a market capitalization of £9.27 million, a P/E ratio of -4.00 and a beta of 1.66. The company’s 50 day moving average is GBX 0.20 and its 200-day moving average is GBX 0.20. The company has a quick ratio of 1.54, a current ratio of 0.92 and a debt-to-equity ratio of 0.67.

United Oil & Gas Company Profile

(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.

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