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

Union Jack Oil plc (LON:UJO) shares reached a new 52-week low during mid-day trading on Tuesday. The stock traded as low as GBX 1.80 and last traded at GBX 1.80, with a volume of 33,312 shares. The stock had previously closed at GBX 1.85.

Union Jack Oil Trading Down 2.7%

The business’s fifty day moving average is GBX 2.90 and its 200-day moving average is GBX 3.51. The stock has a market capitalization of £2.64 million, a PE ratio of -0.31, a P/E/G ratio of 0.21 and a beta of 0.43. The company has a quick ratio of 22.50, a current ratio of 1.58 and a debt-to-equity ratio of 6.29.

Union Jack Oil (LON:UJO) last issued its quarterly earnings results on Tuesday, September 29th. The company reported GBX (0.61) EPS for the quarter. Union Jack Oil had a negative return on equity of 45.39% and a negative net margin of 269.50%. As a group, analysts anticipate that Union Jack Oil plc will post 1.77 EPS for the current fiscal year.

Union Jack Oil Company Profile

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.