Union Jack Oil (LON:UJO) Reaches New 52-Week Low – Time to Sell?

Shares of Union Jack Oil plc (LON:UJO) hit a new 52-week low on Wednesday. The company traded as low as GBX 2 and last traded at GBX 2.10, with a volume of 2,218,279 shares. The stock had previously closed at GBX 2.35.

Union Jack Oil Stock Performance

The stock’s 50 day moving average price is GBX 2.95 and its two-hundred day moving average price is GBX 3.53. The company has a current ratio of 1.58, a quick ratio of 22.50 and a debt-to-equity ratio of 6.29. The firm has a market capitalization of £2.77 million, a price-to-earnings ratio of -0.32, a PEG ratio of 0.21 and a beta of 0.43.

Union Jack Oil (LON:UJO) last released its quarterly earnings data 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%. On average, analysts forecast that Union Jack Oil plc will post 1.77 EPS 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.