United Oil & Gas (LON:UOG) Trading 4.4% Higher – Should You Buy?

United Oil & Gas Plc (LON:UOGGet Free Report)’s share price traded up 4.4% during mid-day trading on Wednesday . The company traded as high as GBX 0.18 and last traded at GBX 0.17. 41,694,605 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 108,342,398 shares. The stock had previously closed at GBX 0.16.

United Oil & Gas Stock Down 3.9%

The company has a quick ratio of 1.54, a current ratio of 0.92 and a debt-to-equity ratio of 0.67. The firm has a market capitalization of £7.03 million, a price-to-earnings ratio of -2.16 and a beta of 1.66. The stock has a 50 day moving average of GBX 0.14 and a 200 day moving average of GBX 0.15.

About United Oil & Gas

(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.

Read More

Receive News & Ratings for United Oil & Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Oil & Gas and related companies with MarketBeat.com's FREE daily email newsletter.