UK Oil & Gas (LON:UKOG) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

UK Oil & Gas PLC (LON:UKOG) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 0.02 and traded as low as GBX 0.02. UK Oil & Gas shares last traded at GBX 0.02, with a volume of 1,306,813,375 shares.

UK Oil & Gas Trading Down 5.6%

The company has a quick ratio of 0.79, a current ratio of 0.33 and a debt-to-equity ratio of 11.34. The business’s 50 day simple moving average is GBX 0.02. The stock has a market cap of £4.94 million, a price-to-earnings ratio of -0.19 and a beta of 1.50.

UK Oil & Gas Company Profile

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.