United Oil & Gas (LON:UOG) Shares Up 11.1% – What’s Next?

United Oil & Gas Plc (LON:UOG) shares traded up 11.1% during mid-day trading on Tuesday . The stock traded as high as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). 1,403,026 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 19,636,000 shares. The stock had previously closed at GBX 0.09 ($0.00).

United Oil & Gas Trading Up 11.1 %

The company has a quick ratio of 1.54, a current ratio of 0.92 and a debt-to-equity ratio of 0.67. The firm has a market capitalization of £1.16 million, a PE ratio of 165.00 and a beta of 1.66. The company’s 50-day simple moving average is GBX 0.17 and its 200 day simple moving average is GBX 0.17.

United Oil & Gas Company Profile

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.