UK Oil & Gas (LON:UKOG) Share Price Passes Below 200-Day Moving Average – Should You Sell?

UK Oil & Gas PLC (LON:UKOGGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.03 ($0.00) and traded as low as GBX 0.02 ($0.00). UK Oil & Gas shares last traded at GBX 0.02 ($0.00), with a volume of 66,297,555 shares.

UK Oil & Gas Trading Down 4.8 %

The company has a debt-to-equity ratio of 11.41, a current ratio of 0.33 and a quick ratio of 0.79. The firm has a market cap of £2.06 million, a price-to-earnings ratio of -0.60 and a beta of 1.50. The business’s 50-day moving average price is GBX 0.02 and its two-hundred day moving average price is GBX 0.03.

About UK Oil & Gas

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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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