Union Jack Oil (LON:UJO) Stock Price Down 6.5% – Time to Sell?

Union Jack Oil plc (LON:UJO)’s stock price was down 6.5% during mid-day trading on Wednesday . The company traded as low as GBX 3.46 and last traded at GBX 3.46. Approximately 1,267,531 shares traded hands during trading, an increase of 22% from the average daily volume of 1,040,519 shares. The stock had previously closed at GBX 3.70.

Union Jack Oil Stock Up 1.2%

The stock has a market cap of £5.13 million, a PE ratio of -5.83, a P/E/G ratio of 0.21 and a beta of 0.50. The company has a fifty day moving average price of GBX 4 and a 200 day moving average price of GBX 3.37.

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

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. The company was incorporated in 2011 and is based in Bath, the United Kingdom.