UK Oil & Gas (LON:UKOG) Stock Crosses Below Fifty Day Moving Average – Here’s What Happened

UK Oil & Gas PLC (LON:UKOGGet Free Report) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 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 58,362,848 shares.

UK Oil & Gas Price Performance

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’s 50-day moving average price is GBX 0.03 and its 200-day moving average price is GBX 0.03. The stock has a market cap of £2.16 million, a price-to-earnings ratio of -0.60 and a beta of 1.50.

UK Oil & Gas Company Profile

(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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