UK Oil & Gas (LON:UKOG) Stock Passes Below 200 Day Moving Average – Here’s Why

Shares of UK Oil & Gas PLC (LON:UKOGGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.03 ($0.00) and traded as low as GBX 0.02 ($0.00). UK Oil & Gas shares last traded at GBX 0.02 ($0.00), with a volume of 66,297,555 shares changing hands.

UK Oil & Gas Stock Down 4.8 %

The company has a debt-to-equity ratio of 11.41, a current ratio of 0.33 and a quick ratio of 0.79. The firm has a market capitalization of £2.06 million, a price-to-earnings ratio of -0.60 and a beta of 1.50. The firm’s 50-day moving average price is GBX 0.02 and its 200 day moving average price is GBX 0.03.

UK Oil & Gas Company Profile

(Get Free Report)

UK Oil & Gas PLC operates as an oil and gas exploration and production company. It holds interest in the Loxley, Horse Hill, Horndean, Avington, Broadford Bridge, and Portland gas storage fields in the United Kingdom; and Basur-Resan field in Turkey. The company was incorporated in 2004 and is based in London, the United Kingdom.

Read More

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