UK Oil & Gas (LON:UKOG) Shares Pass Below Fifty Day Moving Average – What’s Next?

Shares of UK Oil & Gas PLC (LON:UKOGGet Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-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 40,966,215 shares traded.

UK Oil & Gas Price Performance

The stock has a market capitalization of £2.16 million, a price-to-earnings ratio of -0.60 and a beta of 1.50. The company has a quick ratio of 0.79, a current ratio of 0.33 and a debt-to-equity ratio of 11.41. The stock has a fifty day moving average of GBX 0.03 and a 200-day moving average of 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.

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