UK Oil & Gas (LON:UKOG) Trading Down 9.1% – Should You Sell?

Shares of UK Oil & Gas PLC (LON:UKOG) fell 9.1% during trading on Wednesday . The stock traded as low as GBX 0.01 and last traded at GBX 0.01. 10,452,950 shares changed hands during trading, a decline of 95% from the average session volume of 225,775,484 shares. The stock had previously closed at GBX 0.01.

UK Oil & Gas Stock Performance

The company has a market cap of £3.20 million, a price-to-earnings ratio of -0.12 and a beta of 1.44. The company has a current ratio of 0.15, a quick ratio of 0.79 and a debt-to-equity ratio of -105.45. The firm’s 50-day moving average price is GBX 0.01 and its 200 day moving average price is GBX 0.02.

UK Oil & Gas (LON:UKOG) last announced its quarterly earnings data on Tuesday, May 5th. The company reported GBX (0.04) EPS for the quarter. The company had revenue of GBX 43 million for the quarter. UK Oil & Gas had a positive return on equity of 341.86% and a negative net margin of 869.68%.

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.