Union Jack Oil (LON:UJO) Stock Price Down 10.4% – Here’s Why

Shares of Union Jack Oil plc (LON:UJO) were down 10.4% on Monday . The company traded as low as GBX 2.15 and last traded at GBX 2.15. Approximately 612,911 shares traded hands during mid-day trading, an increase of 26% from the average daily volume of 487,665 shares. The stock had previously closed at GBX 2.40.

Union Jack Oil Stock Down 4.5%

The stock’s 50 day moving average is GBX 3.11 and its 200-day moving average is GBX 5.07. The company has a market cap of £3.08 million, a PE ratio of -3.50, a P/E/G ratio of 0.21 and a beta of 0.77.

Union Jack Oil (LON:UJO) last issued its quarterly earnings data on Monday, September 29th. The company reported GBX (0.46) EPS for the quarter. Union Jack Oil had a return on equity of 4.87% and a net margin of 28.17%. On average, analysts anticipate that Union Jack Oil plc will post 1.7711172 EPS for the current fiscal 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.