UK Oil & Gas (LON:UKOG) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

Shares of UK Oil & Gas PLC (LON:UKOGGet Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 0.01 and traded as high as GBX 0.01. UK Oil & Gas shares last traded at GBX 0.01, with a volume of 46,242,828 shares trading hands.

UK Oil & Gas Stock Performance

The company has a market capitalization of £3.19 million, a PE ratio of -0.27 and a beta of 1.42. The stock’s 50 day moving average is GBX 0.01 and its two-hundred day moving average is GBX 0.01. The company has a quick ratio of 0.79, a current ratio of 0.61 and a debt-to-equity ratio of 959.28.

UK Oil & Gas Company Profile

(Get Free Report)

UK Oil & Gas PLC operates as an oil and gas exploration and production company. It holds interest in the Loxley, Horse Hill, Horndean, Avington, Broadford Bridge, and Portland gas storage fields in the United Kingdom; and Basur-Resan field in Turkey. The company was incorporated in 2004 and is based in London, the United Kingdom.

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