Union Jack Oil (LON:UJO) Trading 9.3% Higher – What’s Next?

Union Jack Oil plc (LON:UJOGet Free Report) shares were up 9.3% during trading on Thursday . The stock traded as high as GBX 4.09 and last traded at GBX 3.99. Approximately 63,010 shares changed hands during trading, a decline of 94% from the average daily volume of 1,116,919 shares. The stock had previously closed at GBX 3.65.

Union Jack Oil Price Performance

The company has a market capitalization of £5.98 million, a price-to-earnings ratio of -6.80, a P/E/G ratio of 0.21 and a beta of 0.60. The business’s 50-day moving average price is GBX 3.27 and its two-hundred day moving average price is GBX 3.61.

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. The company was incorporated in 2011 and is based in Bath, the United Kingdom.

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