Shares of Union Jack Oil plc (LON:UJO – Get Free Report) rose 17.1% on Wednesday . The stock traded as high as GBX 12 ($0.15) and last traded at GBX 12 ($0.15). Approximately 486,186 shares traded hands during trading, an increase of 48% from the average daily volume of 328,359 shares. The stock had previously closed at GBX 10.25 ($0.13).
Union Jack Oil Stock Up 12.2 %
The firm’s 50 day simple moving average is GBX 10.09 and its two-hundred day simple moving average is GBX 13.44. The stock has a market cap of £12.26 million, a P/E ratio of 1,150.00, a price-to-earnings-growth ratio of 0.21 and a beta of 0.77.
About Union Jack Oil
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.
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