Union Jack Oil (LON:UJO) Trading 13.9% Higher – Here’s What Happened

Union Jack Oil plc (LON:UJOGet Free Report)’s share price was up 13.9% on Wednesday . The company traded as high as GBX 4.50 and last traded at GBX 4.50. Approximately 387,992 shares changed hands during trading, a decline of 62% from the average daily volume of 1,009,309 shares. The stock had previously closed at GBX 3.95.

Union Jack Oil Trading Down 0.8%

The business’s 50 day simple moving average is GBX 3.75 and its 200 day simple moving average is GBX 3.30. The firm has a market capitalization of £7.33 million, a PE ratio of -8.33, a PEG ratio of 0.21 and a beta of 0.40.

About Union Jack Oil

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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.

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