UK Oil & Gas (LON:UKOG) Stock Price Down 9.1% – Time to Sell?

UK Oil & Gas PLC (LON:UKOGGet Free Report) shares dropped 9.1% during mid-day trading on Friday . The company traded as low as GBX 0.01 and last traded at GBX 0.01. Approximately 93,832,273 shares traded hands during trading, a decline of 57% from the average daily volume of 218,276,141 shares. The stock had previously closed at GBX 0.01.

UK Oil & Gas Stock Performance

The stock’s 50-day moving average is GBX 0.01 and its 200-day moving average is GBX 0.01. The stock has a market cap of £2.91 million, a price-to-earnings ratio of -0.11 and a beta of 1.44. The company has a current ratio of 0.15, a quick ratio of 0.79 and a debt-to-equity ratio of -105.45.

UK Oil & Gas (LON:UKOGGet Free Report) last posted its earnings results on Tuesday, May 5th. The company reported GBX (0.04) earnings per share (EPS) for the quarter. The business had revenue of GBX 43 million for the quarter. UK Oil & Gas had a positive return on equity of 341.86% and a negative net margin of 869.68%.

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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