United Oil & Gas (LON:UOG) Trading Down 8.7% – Time to Sell?

United Oil & Gas Plc (LON:UOGGet Free Report)’s stock price fell 8.7% during mid-day trading on Tuesday . The stock traded as low as GBX 0.20 and last traded at GBX 0.21. 55,517,309 shares were traded during mid-day trading, an increase of 12% from the average daily volume of 49,593,297 shares. The stock had previously closed at GBX 0.23.

United Oil & Gas Price Performance

The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.54 and a current ratio of 0.92. The firm has a fifty day simple moving average of GBX 0.20 and a 200 day simple moving average of GBX 0.20. The company has a market capitalization of £10.29 million, a PE ratio of -4.44 and a beta of 1.66.

About United Oil & Gas

(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.

Further Reading

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