Union Jack Oil (LON:UJO) Stock Price Down 7.7% – Here’s What Happened

Union Jack Oil plc (LON:UJOGet Free Report) shares traded down 7.7% during mid-day trading on Thursday . The stock traded as low as GBX 3.38 and last traded at GBX 3.46. 286,148 shares changed hands during trading, a decline of 74% from the average session volume of 1,108,855 shares. The stock had previously closed at GBX 3.75.

Union Jack Oil Price Performance

The business has a 50 day moving average price of GBX 3.45 and a two-hundred day moving average price of GBX 3.39. The stock has a market cap of £5.07 million, a PE ratio of -5.77, a price-to-earnings-growth ratio of 0.21 and a beta of 0.40.

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. The company was incorporated in 2011 and is based in Bath, the United Kingdom.

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