United Oil & Gas (LON:UOG) Stock Price Up 11.3% – Still a Buy?

United Oil & Gas Plc (LON:UOGGet Free Report) rose 11.3% during trading on Friday . The stock traded as high as GBX 0.13 and last traded at GBX 0.13. Approximately 26,212,641 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 53,403,156 shares. The stock had previously closed at GBX 0.12.

United Oil & Gas Stock Up 11.3%

The firm has a market cap of £5.20 million, a PE ratio of -1.60 and a beta of 1.66. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.54 and a current ratio of 0.92. The company’s 50-day simple moving average is GBX 0.14 and its two-hundred day simple moving average is GBX 0.16.

United Oil & Gas Company Profile

(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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