Union Jack Oil (LON:UJO) Stock Price Up 2.1% – Here’s Why

Union Jack Oil plc (LON:UJOGet Free Report)’s stock price shot up 2.1% during mid-day trading on Tuesday . The company traded as high as GBX 5.27 and last traded at GBX 4.85. 901,873 shares were traded during trading, a decline of 14% from the average session volume of 1,052,526 shares. The stock had previously closed at GBX 4.75.

Union Jack Oil Trading Up 12.8%

The business has a fifty day moving average of GBX 3.83 and a 200 day moving average of GBX 3.30. The company has a market capitalization of £7.86 million, a PE ratio of -8.93, a PEG ratio of 0.21 and a beta of 0.50.

About Union Jack Oil

(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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