United Oil & Gas (LON:UOG) Trading Up 17.3% – Still a Buy?

United Oil & Gas Plc (LON:UOGGet Free Report)’s stock price rose 17.3% during mid-day trading on Thursday . The stock traded as high as GBX 0.13 and last traded at GBX 0.13. Approximately 16,075,712 shares were traded during trading, a decline of 70% from the average daily volume of 52,767,508 shares. The stock had previously closed at GBX 0.11.

United Oil & Gas Price Performance

The company has a market capitalization of £5.29 million, a price-to-earnings ratio of -1.63 and a beta of 1.66. The company has a current ratio of 0.92, a quick ratio of 1.54 and a debt-to-equity ratio of 0.67. The company has a 50 day moving average price of GBX 0.13 and a 200 day moving average price of GBX 0.16.

United Oil & Gas Company Profile

(Get Free Report)

United Oil & Gas is a high growth oil and gas company, headquartered in Dublin and listed on the AIM market of the London Stock Exchange. United has a portfolio of low-risk, cash generative exploration, development, appraisal and production interests in Egypt, Jamaica and the UK. Led by an experienced management team with a strong track record of growing full cycle businesses and partnered with established industry players, the Company is well positioned to deliver future growth through portfolio optimisation and targeted acquisitions.

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