Union Jack Oil (LON:UJO) Stock Passes Below 200 Day Moving Average – Here’s What Happened

Union Jack Oil plc (LON:UJO) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 11.14 ($0.14) and traded as low as GBX 9.25 ($0.12). Union Jack Oil shares last traded at GBX 9.79 ($0.13), with a volume of 44,691 shares.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “house stock” rating on shares of Union Jack Oil in a research report on Tuesday, February 25th.

Union Jack Oil Trading Down 2.5 %

The business has a 50-day moving average price of GBX 11.39 and a 200-day moving average price of GBX 11.14. The stock has a market cap of £10.57 million, a PE ratio of 9.83, a price-to-earnings-growth ratio of 0.21 and a beta of 0.77.

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.