Union Jack Oil (LON:UJO) Trading Down 2.3% – Time to Sell?

Union Jack Oil plc (LON:UJOGet Free Report)’s share price dropped 2.3% on Tuesday . The stock traded as low as GBX 10.25 ($0.13) and last traded at GBX 10.50 ($0.13). Approximately 161,442 shares were traded during mid-day trading, a decline of 37% from the average daily volume of 256,821 shares. The stock had previously closed at GBX 10.75 ($0.14).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Union Jack Oil in a research report on Monday, September 16th.

View Our Latest Report on Union Jack Oil

Union Jack Oil Stock Down 2.3 %

The stock has a 50-day simple moving average of GBX 10.91 and a 200 day simple moving average of GBX 14.81. The company has a market cap of £11.19 million, a PE ratio of 1,050.00, a P/E/G ratio of 0.21 and a beta of 0.77.

About Union Jack Oil

(Get Free Report)

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.

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