United Oil & Gas (LON:UOG) Stock Price Up 11.1% – What’s Next?

United Oil & Gas Plc (LON:UOGGet Free Report) shares shot up 11.1% during mid-day trading on Thursday . The company traded as high as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). 12,864,141 shares changed hands during trading, a decline of 73% from the average session volume of 48,511,703 shares. The stock had previously closed at GBX 0.09 ($0.00).

United Oil & Gas Stock Performance

The company has a quick ratio of 1.54, a current ratio of 0.92 and a debt-to-equity ratio of 0.67. The firm has a 50 day moving average price of GBX 0.09 and a 200 day moving average price of GBX 0.13. The stock has a market cap of £1.15 million, a PE ratio of 165.00 and a beta of 1.66.

About United Oil & Gas

(Get Free Report)

United Oil & Gas is a high growth oil and gas company, headquartered in Dublin and listed on the AIM market of the London Stock Exchange. United has a portfolio of low-risk, cash generative exploration, development, appraisal and production interests in Egypt, Jamaica and the UK. Led by an experienced management team with a strong track record of growing full cycle businesses and partnered with established industry players, the Company is well positioned to deliver future growth through portfolio optimisation and targeted acquisitions.

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