UK Oil & Gas (LON:UKOG) Stock Price Up 17.6% – Still a Buy?

UK Oil & Gas PLC (LON:UKOGGet Free Report)’s stock price was up 17.6% during trading on Wednesday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 547,960,938 shares traded hands during mid-day trading, an increase of 149% from the average daily volume of 219,751,109 shares. The stock had previously closed at GBX 0.03 ($0.00).

UK Oil & Gas Stock Performance

The company has a market capitalization of £3.80 million, a P/E ratio of -0.60 and a beta of 1.50. The business has a 50 day moving average of GBX 0.04 and a 200 day moving average of GBX 0.03. The company has a quick ratio of 0.79, a current ratio of 0.33 and a debt-to-equity ratio of 11.41.

UK Oil & Gas Company Profile

(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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