Union Jack Oil (LON:UJO) Trading Down 10.4% – What’s Next?

Shares of Union Jack Oil plc (LON:UJO) traded down 10.4% on Monday . The stock traded as low as GBX 2.15 and last traded at GBX 2.15. 612,911 shares traded hands during mid-day trading, an increase of 26% from the average session volume of 487,665 shares. The stock had previously closed at GBX 2.40.

Union Jack Oil Trading Down 10.4%

The stock has a market capitalization of £3.15 million, a PE ratio of -3.58, a price-to-earnings-growth ratio of 0.21 and a beta of 0.77. The firm has a 50-day moving average price of GBX 3.20 and a 200-day moving average price of GBX 5.17.

Union Jack Oil (LON:UJO) last posted its quarterly earnings results on Monday, September 29th. The company reported GBX (0.46) earnings per share for the quarter. Union Jack Oil had a net margin of 28.17% and a return on equity of 4.87%. Sell-side analysts expect that Union Jack Oil plc will post 1.7711172 earnings per share for the current fiscal year.

Union Jack Oil Company Profile

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. The company was incorporated in 2011 and is based in Bath, the United Kingdom.