UK Oil & Gas (LON:UKOG) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

UK Oil & Gas PLC (LON:UKOGGet Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.03 ($0.00) and traded as low as GBX 0.02 ($0.00). UK Oil & Gas shares last traded at GBX 0.02 ($0.00), with a volume of 66,297,555 shares traded.

UK Oil & Gas Trading Down 4.8 %

The company has a quick ratio of 0.79, a current ratio of 0.33 and a debt-to-equity ratio of 11.41. The stock has a market capitalization of £2.06 million, a PE ratio of -0.60 and a beta of 1.50. The business’s 50-day moving average is GBX 0.02 and its two-hundred day moving average is GBX 0.03.

About UK Oil & Gas

(Get Free Report)

UK Oil & Gas PLC operates as an oil and gas exploration and production company. It holds interest in the Loxley, Horse Hill, Horndean, Avington, Broadford Bridge, and Portland gas storage fields in the United Kingdom; and Basur-Resan field in Turkey. The company was incorporated in 2004 and is based in London, the United Kingdom.

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