United Oil & Gas (LON:UOG) Stock Price Up 7.1% – Here’s What Happened

Shares of United Oil & Gas Plc (LON:UOGGet Free Report) traded up 7.1% during trading on Tuesday . The stock traded as high as GBX 0.23 and last traded at GBX 0.23. 42,083,188 shares were traded during mid-day trading, a decline of 14% from the average session volume of 49,153,973 shares. The stock had previously closed at GBX 0.21.

United Oil & Gas Stock Up 6.8%

The company has a market capitalization of £10.89 million, a PE ratio of -4.70 and a beta of 1.66. The company’s 50 day moving average is GBX 0.20 and its two-hundred day moving average is GBX 0.20. The company has a quick ratio of 1.54, a current ratio of 0.92 and a debt-to-equity ratio of 0.67.

United Oil & Gas Company Profile

(Get Free Report)

United Oil & Gas is a high growth oil and gas company, headquartered in Dublin and listed on the AIM market of the London Stock Exchange. United has a portfolio of low-risk, cash generative exploration, development, appraisal and production interests in Egypt, Jamaica and the UK. Led by an experienced management team with a strong track record of growing full cycle businesses and partnered with established industry players, the Company is well positioned to deliver future growth through portfolio optimisation and targeted acquisitions.

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