United Oil & Gas (LON:UOG) Shares Down 3.1% – Here’s What Happened

United Oil & Gas Plc (LON:UOGGet Free Report) shares dropped 3.1% during mid-day trading on Tuesday . The stock traded as low as GBX 0.18 ($0.00) and last traded at GBX 0.19 ($0.00). Approximately 20,534,826 shares were traded during trading, an increase of 15% from the average daily volume of 17,925,238 shares. The stock had previously closed at GBX 0.20 ($0.00).

United Oil & Gas Stock Performance

The business’s fifty day moving average price is GBX 0.19 and its 200-day moving average price is GBX 0.19. The stock has a market cap of £1.51 million, a PE ratio of 165.00 and a beta of 1.66. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.54 and a current ratio of 0.92.

United Oil & Gas Company Profile

(Get Free Report)

United Oil & Gas Plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas in the United Kingdom, Egypt, Europe, and Latin America. The company holds interests in the Abu Sennan concession located in the Western Desert region of onshore Egypt; the Maria license located in the Central North Sea, and the Walton Morant license located in offshore Jamaica.

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