United Oil & Gas (LON:UOG) Trading 12.3% Higher – Should You Buy?

Shares of United Oil & Gas Plc (LON:UOGGet Free Report) traded up 12.3% during trading on Monday . The company traded as high as GBX 0.23 and last traded at GBX 0.23. 1,439,354 shares were traded during trading, a decline of 98% from the average session volume of 65,328,969 shares. The stock had previously closed at GBX 0.20.

United Oil & Gas Trading Up 12.3%

The company has a market capitalization of £10.02 million, a price-to-earnings ratio of -2.85 and a beta of 1.66. The business has a fifty day moving average price of GBX 0.21 and a 200 day moving average price of GBX 0.17. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.92 and a quick ratio of 1.54.

United Oil & Gas Company Profile

(Get Free Report)

United Oil & Gas is a high growth oil and gas company, headquartered in Dublin and listed on the AIM market of the London Stock Exchange. United has a portfolio of low-risk, cash generative exploration, development, appraisal and production interests in Egypt, Jamaica and the UK. Led by an experienced management team with a strong track record of growing full cycle businesses and partnered with established industry players, the Company is well positioned to deliver future growth through portfolio optimisation and targeted acquisitions.

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