United Oil & Gas (LON:UOG) Stock Price Up 13.6% – Still a Buy?

United Oil & Gas Plc (LON:UOGGet Free Report) shot up 13.6% during trading on Thursday . The company traded as high as GBX 0.17 ($0.00) and last traded at GBX 0.16 ($0.00). 63,815,668 shares traded hands during trading, an increase of 341% from the average session volume of 14,465,092 shares. The stock had previously closed at GBX 0.14 ($0.00).

United Oil & Gas Stock Up 13.6 %

The firm has a market cap of £1.84 million, a price-to-earnings ratio of 165.00 and a beta of 1.66. The business’s 50 day moving average price is GBX 0.16 and its 200 day moving average price is GBX 0.18. 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.

Further Reading

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