UK Oil & Gas (LON:UKOG) Trading Up 9.1% – What’s Next?

UK Oil & Gas PLC (LON:UKOGGet Free Report) shares rose 9.1% during mid-day trading on Thursday . The company traded as high as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 617,115,563 shares traded hands during trading, an increase of 322% from the average daily volume of 146,402,328 shares. The stock had previously closed at GBX 0.01 ($0.00).

UK Oil & Gas Stock Up 9.1 %

The firm’s fifty day simple moving average is GBX 0.02 and its 200-day simple moving average is GBX 0.03. The company has a market cap of £1.52 million, a PE ratio of -0.09 and a beta of 1.50. The company has a quick ratio of 0.79, a current ratio of 0.33 and a debt-to-equity ratio of 11.34.

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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