UK Oil & Gas (LON:UKOG) Stock Passes Below 50 Day Moving Average – What’s Next?

Shares of UK Oil & Gas PLC (LON:UKOGGet Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty 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 58,362,848 shares.

UK Oil & Gas Price Performance

The firm has a 50 day moving average price of GBX 0.03 and a two-hundred day moving average price of GBX 0.03. The company has a debt-to-equity ratio of 11.41, a quick ratio of 0.79 and a current ratio of 0.33. The company has a market cap of £2.16 million, a P/E ratio of -0.60 and a beta of 1.50.

About UK Oil & Gas

(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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