Union Jack Oil (LON:UJO) Hits New 12-Month Low – Here’s What Happened

Union Jack Oil plc (LON:UJO)’s stock price reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 8.50 ($0.11) and last traded at GBX 9 ($0.11), with a volume of 720862 shares trading hands. The stock had previously closed at GBX 8.75 ($0.11).

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “house stock” rating on shares of Union Jack Oil in a research note on Monday, September 16th.

Union Jack Oil Trading Up 2.9 %

The firm has a market cap of £9.59 million, a P/E ratio of 900.00, a price-to-earnings-growth ratio of 0.21 and a beta of 0.77. The stock’s fifty day moving average is GBX 10.41 and its two-hundred day moving average is GBX 14.04.

Union Jack Oil Company Profile

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.