UK Oil & Gas (LON:UKOG) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

UK Oil & Gas PLC (LON:UKOGGet Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 0.01 and traded as high as GBX 0.01. UK Oil & Gas shares last traded at GBX 0.01, with a volume of 66,926,164 shares.

UK Oil & Gas Stock Performance

The firm has a market capitalization of £3.20 million, a price-to-earnings ratio of -0.23 and a beta of 1.44. The company has a current ratio of 0.15, a quick ratio of 0.79 and a debt-to-equity ratio of -105.45. The company has a fifty day moving average price of GBX 0.01 and a 200-day moving average price of GBX 0.01.

UK Oil & Gas (LON:UKOGGet Free Report) last announced its earnings results on Tuesday, May 5th. The company reported GBX (0.04) earnings per share (EPS) for the quarter. The firm had revenue of GBX 43 million for the quarter. UK Oil & Gas had a positive return on equity of 341.86% and a negative net margin of 869.68%.

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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