United Oil & Gas (LON:UOG) Trading 15.6% Higher – Time to Buy?

Shares of United Oil & Gas Plc (LON:UOGGet Free Report) shot up 15.6% during trading on Friday . The company traded as high as GBX 0.19 ($0.00) and last traded at GBX 0.19 ($0.00). 58,128,344 shares were traded during trading, an increase of 306% from the average session volume of 14,326,276 shares. The stock had previously closed at GBX 0.16 ($0.00).

United Oil & Gas Trading Up 6.3 %

The firm has a market capitalization of £1.97 million, a price-to-earnings ratio of 165.00 and a beta of 1.66. The company has a debt-to-equity ratio of 18.90, a quick ratio of 1.54 and a current ratio of 1.26. The business has a fifty day moving average price of GBX 0.17 and a 200 day moving average price of GBX 0.19.

United Oil & Gas Company Profile

(Get Free Report)

United Oil & Gas Plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas in the United Kingdom, Egypt, Europe, and Latin America. The company holds interests in the Abu Sennan concession located in the Western Desert region of onshore Egypt; the Maria license located in the Central North Sea, and the Walton Morant license located in offshore Jamaica.

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