Union Jack Oil (LON:UJO) Sets New 12-Month Low – Here’s What Happened

Shares of Union Jack Oil plc (LON:UJOGet Free Report) reached a new 52-week low on Monday . The company traded as low as GBX 3.90 and last traded at GBX 3.95, with a volume of 9146089 shares traded. The stock had previously closed at GBX 4.21.

Union Jack Oil Stock Down 6.3%

The business has a 50 day simple moving average of GBX 4.89 and a two-hundred day simple moving average of GBX 6.94. The firm has a market cap of £5.78 million, a PE ratio of -6.58, a price-to-earnings-growth ratio of 0.21 and a beta of 0.77.

Union Jack Oil (LON:UJOGet Free Report) last released its earnings results on Monday, September 29th. The company reported GBX (0.46) earnings per share for the quarter. Union Jack Oil had a return on equity of 4.87% and a net margin of 28.17%. Equities analysts forecast that Union Jack Oil plc will post 1.7711172 earnings per share for the current year.

Insiders Place Their Bets

In other Union Jack Oil news, insider Craig Howie bought 122,000 shares of Union Jack Oil stock in a transaction on Thursday, August 7th. The shares were acquired at an average price of GBX 5 per share, for a total transaction of £6,100. 4.18% of the stock is currently owned by insiders.

Union Jack Oil Company Profile

(Get Free Report)

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.

Further Reading

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