Union Jack Oil (LON:UJO) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Union Jack Oil plc (LON:UJOGet Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 12.95 ($0.16) and traded as low as GBX 10.72 ($0.13). Union Jack Oil shares last traded at GBX 10.72 ($0.13), with a volume of 73,824 shares trading hands.

Union Jack Oil Stock Down 0.3 %

The stock has a 50 day moving average price of GBX 10.31 and a 200 day moving average price of GBX 12.95. The stock has a market capitalization of £11.42 million, a price-to-earnings ratio of 1,072.00, a price-to-earnings-growth ratio of 0.21 and a beta of 0.77.

Union Jack Oil Company Profile

(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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