Union Jack Oil (LON:UJO) Hits New 12-Month Low – What’s Next?

Union Jack Oil plc (LON:UJO) hit a new 52-week low during trading on Tuesday. The stock traded as low as GBX 1.80 and last traded at GBX 1.80, with a volume of 33,312 shares trading hands. The stock had previously closed at GBX 1.85.

Union Jack Oil Price Performance

The company has a current ratio of 1.58, a quick ratio of 22.50 and a debt-to-equity ratio of 6.29. The firm has a market cap of £2.55 million, a price-to-earnings ratio of -0.30, a price-to-earnings-growth ratio of 0.21 and a beta of 0.43. The stock has a 50-day moving average of GBX 2.84 and a two-hundred day moving average of GBX 3.49.

Union Jack Oil (LON:UJO) last issued its quarterly earnings results on Tuesday, September 29th. The company reported GBX (0.61) earnings per share for the quarter. Union Jack Oil had a negative return on equity of 45.39% and a negative net margin of 269.50%. On average, analysts anticipate that Union Jack Oil plc will post 1.77 EPS for the current year.

About Union Jack Oil

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.