Union Jack Oil (LON:UJO) Shares Pass Below 200-Day Moving Average – Here’s What Happened

Union Jack Oil plc (LON:UJOGet Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3.68 and traded as low as GBX 2.80. Union Jack Oil shares last traded at GBX 2.90, with a volume of 397,735 shares changing hands.

Union Jack Oil Stock Down 1.7%

The business has a 50 day simple moving average of GBX 3.41 and a two-hundred day simple moving average of GBX 3.68. The firm has a market cap of £4.25 million, a PE ratio of -0.51, a price-to-earnings-growth ratio of 0.21 and a beta of 0.47.

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. The company was incorporated in 2011 and is based in Bath, the United Kingdom.

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