Union Jack Oil (LON:UJO) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Union Jack Oil plc (LON:UJOGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 12.46 ($0.16) and traded as low as GBX 11.58 ($0.15). Union Jack Oil shares last traded at GBX 11.90 ($0.15), with a volume of 114,686 shares.

Union Jack Oil Price Performance

The company has a market cap of £13.23 million, a price-to-earnings ratio of 12.30, a P/E/G ratio of 0.21 and a beta of 0.77. The company’s 50-day simple moving average is GBX 10.54 and its 200-day simple moving average is GBX 12.46.

About Union Jack Oil

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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.

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