Union Jack Oil (LON:UJO) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Union Jack Oil plc (LON:UJO)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3.68 and traded as low as GBX 3.50. Union Jack Oil shares last traded at GBX 3.65, with a volume of 204,608 shares trading hands.

Union Jack Oil Stock Performance

The stock has a market cap of £5.13 million, a price-to-earnings ratio of -0.62, a price-to-earnings-growth ratio of 0.21 and a beta of 0.49. The business’s 50 day moving average is GBX 3.66 and its 200 day moving average is GBX 3.69.

Union Jack Oil (LON:UJO) last announced its earnings results on Tuesday, May 26th. The company reported GBX (568) earnings per share (EPS) for the quarter. The firm had revenue of GBX 249 million for the quarter. Union Jack Oil had a negative net margin of 282.36% and a negative return on equity of 36.79%. Research analysts expect that Union Jack Oil plc will post 1.7711172 earnings per share for the current 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.