UK Oil & Gas (LON:UKOG) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

UK Oil & Gas PLC (LON:UKOG)’s stock price 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 Price Performance

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 stock’s fifty day moving average price is GBX 0.02 and its two-hundred day moving average price is GBX 0.03. The company has a current ratio of 0.33, a quick ratio of 0.79 and a debt-to-equity ratio of 11.41.

About UK Oil & Gas

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.