Shares of United Oil & Gas Plc (LON:UOG – Get Free Report) dropped 12.6% on Tuesday . The company traded as low as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). Approximately 2,755,304 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 12,048,323 shares. The stock had previously closed at GBX 0.19 ($0.00).
United Oil & Gas Stock Performance
The company has a quick ratio of 1.54, a current ratio of 0.68 and a debt-to-equity ratio of 6.40. The business has a 50 day simple moving average of GBX 0.20 and a two-hundred day simple moving average of GBX 0.31. The firm has a market cap of £2.13 million, a PE ratio of 165.00 and a beta of 1.68.
About United Oil & Gas
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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