Union Jack Oil (LON:UJO) Stock Price Crosses Below 200 Day Moving Average – Here’s Why

Union Jack Oil plc (LON:UJO) shares passed 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 traded.

Union Jack Oil Trading Up 1.1%

The firm has a fifty day simple moving average of GBX 4 and a 200-day simple moving average of GBX 3.39. The stock has a market cap of £4.97 million, a price-to-earnings ratio of -0.60, a P/E/G ratio of 0.21 and a beta of 0.50.

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