UK Oil & Gas (LON:UKOG) Trading Down 6.3% – Should You Sell?

UK Oil & Gas PLC (LON:UKOGGet Free Report) fell 6.3% during mid-day trading on Thursday . The stock traded as low as GBX 0.01 and last traded at GBX 0.02. 47,609,605 shares were traded during mid-day trading, a decline of 78% from the average session volume of 213,827,984 shares. The stock had previously closed at GBX 0.02.

UK Oil & Gas Price Performance

The firm has a fifty day moving average price of GBX 0.02. The stock has a market capitalization of £4.36 million, a PE ratio of -0.17 and a beta of 1.50. The company has a quick ratio of 0.79, a current ratio of 0.33 and a debt-to-equity ratio of 11.34.

About UK Oil & Gas

(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.

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