Union Jack Oil (LON:UJO) Shares Down 21.6% – Here’s What Happened

Union Jack Oil plc (LON:UJOGet Free Report) shares traded down 21.6% during mid-day trading on Tuesday . The company traded as low as GBX 4 and last traded at GBX 4. 2,838,507 shares traded hands during mid-day trading, an increase of 155% from the average session volume of 1,112,559 shares. The stock had previously closed at GBX 5.10.

Union Jack Oil Stock Down 15.7%

The company’s 50-day moving average is GBX 3.01 and its 200-day moving average is GBX 3.65. The stock has a market capitalization of £6.30 million, a price-to-earnings ratio of -7.17, a PEG ratio of 0.21 and a beta of 0.60.

About Union Jack Oil

(Get Free Report)

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. The company was incorporated in 2011 and is based in Bath, the United Kingdom.

Further Reading

Receive News & Ratings for Union Jack Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Jack Oil and related companies with MarketBeat.com's FREE daily email newsletter.