Union Jack Oil (LON:UJO) Shares Pass Below 200 Day Moving Average – What’s Next?

Union Jack Oil plc (LON:UJO)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 3.48 and traded as low as GBX 3. Union Jack Oil shares last traded at GBX 3.89, with a volume of 723,531 shares changing hands.

Union Jack Oil Stock Up 0.4%

The firm has a market capitalization of £5.70 million, a PE ratio of -0.68, a P/E/G ratio of 0.21 and a beta of 0.49. The stock has a 50-day simple moving average of GBX 4.08 and a 200-day simple moving average of GBX 3.48.

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

About Union Jack Oil

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.