United Oil & Gas (LON:UOG) Stock Price Up 7% – Should You Buy?

United Oil & Gas Plc (LON:UOGGet Free Report) rose 7% on Monday . The company traded as high as GBX 0.26 ($0.00) and last traded at GBX 0.26 ($0.00). Approximately 10,747,962 shares traded hands during mid-day trading, a decline of 41% from the average daily volume of 18,084,410 shares. The stock had previously closed at GBX 0.24 ($0.00).

United Oil & Gas Price Performance

The firm has a 50-day moving average of GBX 0.18 and a 200-day moving average of GBX 0.19. The stock has a market cap of £2.56 million, a PE ratio of 165.00 and a beta of 1.66. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.92 and a quick ratio of 1.54.

United Oil & Gas Company Profile

(Get Free Report)

United Oil & Gas Plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas in the United Kingdom, Egypt, Europe, and Latin America. The company holds interests in the Abu Sennan concession located in the Western Desert region of onshore Egypt; the Maria license located in the Central North Sea, and the Walton Morant license located in offshore Jamaica.

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