Union Jack Oil (LON:UJO) Stock Crosses Below 200 Day Moving Average – What’s Next?

Union Jack Oil plc (LON:UJOGet Free Report)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 13.44 ($0.17) and traded as low as GBX 9.50 ($0.12). Union Jack Oil shares last traded at GBX 10.25 ($0.13), with a volume of 883,416 shares traded.

Union Jack Oil Stock Performance

The stock has a 50-day simple moving average of GBX 10.09 and a 200 day simple moving average of GBX 13.44. The stock has a market capitalization of £11.06 million, a P/E ratio of 1,038.00, a price-to-earnings-growth ratio of 0.21 and a beta of 0.77.

About Union Jack Oil

(Get Free Report)

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.

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