UK Oil & Gas (LON:UKOG) Shares Pass Above 50-Day Moving Average – Time to Sell?

UK Oil & Gas PLC (LON:UKOGGet Free Report) shares passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 0.02 ($0.00) and traded as high as GBX 0.02 ($0.00). UK Oil & Gas shares last traded at GBX 0.02 ($0.00), with a volume of 786,633,375 shares changing hands.

UK Oil & Gas Price Performance

The company has a market capitalization of £2.16 million, a price-to-earnings ratio of -0.60 and a beta of 1.50. The company has a debt-to-equity ratio of 11.41, a quick ratio of 0.79 and a current ratio of 0.33. The business has a 50 day moving average price of GBX 0.02 and a 200-day moving average price of GBX 0.03.

UK Oil & Gas Company Profile

(Get Free Report)

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.

Further Reading

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