Union Jack Oil (LON:UJO) Stock Price Down 17.1% – Time to Sell?

Union Jack Oil plc (LON:UJO) fell 17.1% during trading on Wednesday . The stock traded as low as GBX 3 and last traded at GBX 3.15. 1,280,544 shares were traded during trading, an increase of 151% from the average session volume of 511,137 shares. The stock had previously closed at GBX 3.80.

Union Jack Oil Stock Up 2.1%

The company’s 50-day moving average is GBX 4.76 and its two-hundred day moving average is GBX 6.81. The company has a market capitalization of £4.64 million, a P/E ratio of -5.28, a PEG ratio of 0.21 and a beta of 0.77.

Union Jack Oil (LON:UJO) last announced its earnings results on Monday, September 29th. The company reported GBX (0.46) earnings per share (EPS) for the quarter. Union Jack Oil had a net margin of 28.17% and a return on equity of 4.87%. On average, sell-side analysts predict 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.