UK Oil & Gas (LON:UKOG) Trading Down 26.5% – Here’s Why

Shares of UK Oil & Gas PLC (LON:UKOGGet Free Report) were down 26.5% during mid-day trading on Tuesday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 230,029,906 shares traded hands during trading, an increase of 8% from the average daily volume of 212,575,234 shares. The stock had previously closed at GBX 0.03 ($0.00).

UK Oil & Gas Stock Down 26.5 %

The company has a current ratio of 0.33, a quick ratio of 0.79 and a debt-to-equity ratio of 11.41. The stock has a 50-day simple moving average of GBX 0.04 and a 200-day simple moving average of GBX 0.03. The company has a market cap of £2.57 million, a price-to-earnings ratio of -0.60 and a beta of 1.50.

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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