Union Jack Oil (LON:UJO) Reaches New 1-Year Low – Time to Sell?

Shares of Union Jack Oil plc (LON:UJO) reached a new 52-week low during trading on Monday. The stock traded as low as GBX 1.60 and last traded at GBX 1.70, with a volume of 40,185 shares trading hands. The stock had previously closed at GBX 1.69.

Union Jack Oil Stock Performance

The company has a quick ratio of 22.50, a current ratio of 1.58 and a debt-to-equity ratio of 6.29. The stock has a market cap of £2.49 million, a price-to-earnings ratio of -0.29, a price-to-earnings-growth ratio of 0.21 and a beta of 0.43. The company’s 50-day simple moving average is GBX 2.77 and its 200-day simple moving average is GBX 3.47.

Union Jack Oil (LON:UJO) last announced its quarterly earnings data on Tuesday, September 29th. The company reported GBX (0.61) EPS for the quarter. Union Jack Oil had a negative net margin of 269.50% and a negative return on equity of 45.39%. Analysts predict that Union Jack Oil plc will post 1.77 EPS for the current fiscal 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.