Union Jack Oil (LON:UJO) Shares Up 10.3% – Time to Buy?

Union Jack Oil plc (LON:UJO) shares rose 10.3% on Friday . The company traded as high as GBX 4 and last traded at GBX 4. Approximately 129,209 shares changed hands during trading, a decline of 86% from the average session volume of 905,662 shares. The stock had previously closed at GBX 3.62.

Union Jack Oil Trading Up 10.3%

The stock has a market cap of £5.86 million, a PE ratio of -0.70, a P/E/G ratio of 0.21 and a beta of 0.49. The company’s 50 day moving average is GBX 3.96 and its 200-day moving average is GBX 3.56.

Union Jack Oil (LON:UJO) last posted its quarterly earnings data on Tuesday, May 26th. The company reported GBX (568) earnings per share for the quarter. The firm had revenue of GBX 249 million during the quarter. Union Jack Oil had a negative net margin of 282.36% and a negative return on equity of 36.79%. As a group, analysts forecast 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. The company was incorporated in 2011 and is based in Bath, the United Kingdom.