UK Oil & Gas (LON:UKOG) Stock Price Up 25% – Still a Buy?

UK Oil & Gas PLC (LON:UKOG)’s share price shot up 25% during mid-day trading on Friday . The stock traded as high as GBX 0.01 and last traded at GBX 0.01. Approximately 706,260,563 shares were traded during trading, an increase of 234% from the average session volume of 211,512,516 shares. The stock had previously closed at GBX 0.01.

UK Oil & Gas Stock Performance

The company has a fifty day moving average of GBX 0.01 and a two-hundred day moving average of GBX 0.01. The firm has a market capitalization of £2.91 million, a price-to-earnings ratio of -0.23 and a beta of 1.42. The company has a debt-to-equity ratio of -105.45, a quick ratio of 0.79 and a current ratio of 0.15.

UK Oil & Gas (LON:UKOG) last posted its quarterly earnings data on Tuesday, May 5th. The company reported GBX (0.04) earnings per share for the quarter. The firm had revenue of GBX 43 million for the quarter. UK Oil & Gas had a positive return on equity of 341.86% and a negative net margin of 869.68%.

About UK Oil & Gas

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.