Union Jack Oil (LON:UJO) Share Price Passes Below Two Hundred Day Moving Average – Here’s Why

Union Jack Oil plc (LON:UJO)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3.39 and traded as low as GBX 3.30. Union Jack Oil shares last traded at GBX 3.39, with a volume of 1,322,342 shares trading hands.

Union Jack Oil Trading Down 1.5%

The firm has a market capitalization of £4.84 million, a P/E ratio of -0.58, a price-to-earnings-growth ratio of 0.21 and a beta of 0.50. The business’s 50 day simple moving average is GBX 4.01 and its two-hundred day simple moving average is GBX 3.39.

Union Jack Oil (LON:UJO) last released its quarterly earnings data on Tuesday, May 26th. The company reported GBX (568) earnings per share for the quarter. The firm had revenue of GBX 249 million for the quarter. Union Jack Oil had a negative net margin of 282.36% and a negative return on equity of 36.79%. Analysts predict that Union Jack Oil plc will post 1.7711172 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.