UK Oil & Gas (LON:UKOG) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

UK Oil & Gas PLC (LON:UKOG)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.01 and traded as low as GBX 0.01. UK Oil & Gas shares last traded at GBX 0.01, with a volume of 21,975,447 shares.

UK Oil & Gas Stock Performance

The company has a market cap of £2.61 million, a PE ratio of -0.22 and a beta of 1.42. The company has a quick ratio of 0.79, a current ratio of 0.61 and a debt-to-equity ratio of 959.28. The company has a 50-day moving average of GBX 0.01 and a 200-day moving average of GBX 0.01.

UK Oil & Gas (LON:UKOG) last announced its quarterly earnings results on Tuesday, May 5th. The company reported GBX (0.04) earnings per share (EPS) for the quarter. UK Oil & Gas had a positive return on equity of 283.85% and a negative net margin of 1,720.75%.The company had revenue of GBX 43 million for the quarter.

About UK Oil & Gas

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.