United Oil & Gas (LON:UOG) Trading Down 6.8% – Here’s What Happened

Shares of United Oil & Gas Plc (LON:UOG) fell 6.8% on Monday . The company traded as low as GBX 0.11 ($0.00) and last traded at GBX 0.11 ($0.00). 55,410,625 shares traded hands during mid-day trading, an increase of 5% from the average session volume of 52,849,566 shares. The stock had previously closed at GBX 0.12 ($0.00).

United Oil & Gas Stock Performance

The firm has a market capitalization of £1.28 million, a P/E ratio of 165.00 and a beta of 1.66. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.92 and a quick ratio of 1.54. The firm has a 50-day moving average price of GBX 0.09 and a two-hundred day moving average price of GBX 0.12.

United Oil & Gas Company Profile

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.