Union Jack Oil (LON:UJO) Shares Up 15.5% – What’s Next?

Union Jack Oil plc (LON:UJO) shares shot up 15.5% during trading on Monday . The company traded as high as GBX 4.40 and last traded at GBX 3.81. 3,187,935 shares were traded during trading, an increase of 207% from the average session volume of 1,039,524 shares. The stock had previously closed at GBX 3.30.

Union Jack Oil Stock Performance

The business has a 50-day simple moving average of GBX 4.01 and a 200 day simple moving average of GBX 3.39. The firm has a market cap of £5.58 million, a P/E ratio of -0.67, a price-to-earnings-growth ratio of 0.21 and a beta of 0.50.

Union Jack Oil (LON:UJO) last announced its earnings results on Tuesday, May 26th. The company reported GBX (568) earnings per share for the quarter. The company had revenue of GBX 249 million for the quarter. Union Jack Oil had a negative net margin of 282.36% and a negative return on equity of 36.79%. On average, research analysts expect that Union Jack Oil plc will post 1.7711172 EPS for the current year.

Union Jack Oil Company Profile

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.