UK Oil & Gas (LON:UKOG) Stock Price Passes Above 50-Day Moving Average – Here’s Why

UK Oil & Gas PLC (LON:UKOGGet Free Report) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 0.02 and traded as high as GBX 0.02. UK Oil & Gas shares last traded at GBX 0.02, with a volume of 235,185,109 shares changing hands.

UK Oil & Gas Stock Performance

The firm has a market capitalization of £6.10 million, a P/E ratio of -0.23 and a beta of 1.50. The business has a 50-day moving average of GBX 0.02. The company has a debt-to-equity ratio of 11.34, a current ratio of 0.33 and a quick ratio of 0.79.

UK Oil & Gas (LON:UKOGGet Free Report) last announced its quarterly earnings data on Tuesday, September 30th. The company reported GBX (0.09) earnings per share (EPS) for the quarter. UK Oil & Gas had a negative return on equity of 10.42% and a negative net margin of 275.84%.

About UK Oil & Gas

(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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