Union Jack Oil (LON:UJO) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Union Jack Oil plc (LON:UJO) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 3.81 and traded as high as GBX 3.95. Union Jack Oil shares last traded at GBX 3.58, with a volume of 81,792 shares traded.

Union Jack Oil Price Performance

The stock has a market capitalization of £5.25 million, a PE ratio of -0.63, a PEG ratio of 0.21 and a beta of 0.49. The company has a 50 day moving average price of GBX 3.81 and a 200-day moving average price of GBX 3.62.

Union Jack Oil (LON:UJO) last released its quarterly earnings results on Tuesday, May 26th. The company reported GBX (568) earnings per share (EPS) for the quarter. The company had revenue of GBX 249 million during the quarter. Union Jack Oil had a negative return on equity of 36.79% and a negative net margin of 282.36%. As a group, equities analysts anticipate that Union Jack Oil plc will post 1.7711172 earnings per share for the current 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.