United Oil & Gas (LON:UOG) Trading 11.1% Higher – Time to Buy?

United Oil & Gas Plc (LON:UOG) shares traded up 11.1% during mid-day trading on Thursday . The stock traded as high as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). 12,864,141 shares changed hands during trading, a decline of 73% from the average session volume of 48,511,703 shares. The stock had previously closed at GBX 0.09 ($0.00).

United Oil & Gas Stock Up 11.1 %

The company has a market cap of £1.16 million, a P/E ratio of 165.00 and a beta of 1.66. The stock has a 50-day moving average of GBX 0.09 and a 200 day moving average of GBX 0.13. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.92 and a quick ratio of 1.54.

United Oil & Gas Company Profile

United Oil & Gas is a high growth oil and gas company, headquartered in Dublin and listed on the AIM market of the London Stock Exchange. United has a portfolio of low-risk, cash generative exploration, development, appraisal and production interests in Egypt, Jamaica and the UK. Led by an experienced management team with a strong track record of growing full cycle businesses and partnered with established industry players, the Company is well positioned to deliver future growth through portfolio optimisation and targeted acquisitions.