Union Jack Oil (LON:UJO) Stock Crosses Below Two Hundred Day Moving Average of $19.46

Union Jack Oil plc (LON:UJO)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 19.46 ($0.25) and traded as low as GBX 17.50 ($0.22). Union Jack Oil shares last traded at GBX 18 ($0.23), with a volume of 182,083 shares.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Union Jack Oil in a research note on Monday, May 20th.

Union Jack Oil Price Performance

The stock has a market capitalization of £19.18 million, a P/E ratio of 900.00 and a beta of 0.56. The company has a fifty day simple moving average of GBX 21.96 and a two-hundred day simple moving average of GBX 19.45.

Union Jack Oil Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, July 26th. Investors of record on Thursday, July 4th will be paid a GBX 0.25 ($0.00) dividend. This represents a yield of 1.04%. The ex-dividend date of this dividend is Thursday, July 4th. Union Jack Oil’s payout ratio is presently 5,000.00%.

About Union Jack Oil

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.