UK Oil & Gas (LON:UKOG) Trading Down 9.1% – Here’s Why

UK Oil & Gas PLC (LON:UKOGGet Free Report)’s share price dropped 9.1% on Friday . The stock traded as low as GBX 0.01 and last traded at GBX 0.01. 44,925,313 shares traded hands during trading, a decline of 73% from the average daily volume of 163,804,422 shares. The stock had previously closed at GBX 0.01.

UK Oil & Gas Stock Performance

The company has a quick ratio of 0.79, a current ratio of 0.61 and a debt-to-equity ratio of 959.28. The stock has a fifty day moving average price of GBX 0.01 and a two-hundred day moving average price of GBX 0.01. The company has a market capitalization of £2.91 million, a price-to-earnings ratio of -0.25 and a beta of 1.49.

About UK Oil & Gas

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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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