Union Jack Oil plc (LON:UJO – Get Free Report) shares rose 17.1% during mid-day trading on Wednesday . The stock traded as high as GBX 12 ($0.15) and last traded at GBX 12 ($0.15). Approximately 486,186 shares changed hands during mid-day trading, an increase of 48% from the average daily volume of 328,359 shares. The stock had previously closed at GBX 10.25 ($0.13).
Union Jack Oil Price Performance
The stock has a market capitalization of £12.26 million, a price-to-earnings ratio of 1,150.00, a PEG ratio of 0.21 and a beta of 0.77. The firm’s fifty day moving average is GBX 10.09 and its 200-day moving average is GBX 13.44.
About Union Jack Oil
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.
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