Union Jack Oil (LON:UJO) Shares Pass Below 200-Day Moving Average – What’s Next?

Union Jack Oil plc (LON:UJO)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3.69 and traded as low as GBX 3.20. Union Jack Oil shares last traded at GBX 3.21, with a volume of 980,649 shares traded.

Union Jack Oil Price Performance

The firm’s 50 day moving average is GBX 3.62 and its 200 day moving average is GBX 3.69. The firm has a market cap of £4.91 million, a P/E ratio of -0.59, a price-to-earnings-growth ratio of 0.21 and a beta of 0.49.

Union Jack Oil (LON:UJO) last released its earnings results on Tuesday, May 26th. The company reported GBX (568) earnings per share (EPS) for the quarter. The business had revenue of GBX 249 million for the quarter. Union Jack Oil had a negative net margin of 282.36% and a negative return on equity of 36.79%. As a group, analysts expect that Union Jack Oil plc will post 1.7711172 EPS for the current 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.