United Oil & Gas (LON:UOG) Trading Up 12.1%

United Oil & Gas Plc (LON:UOG)’s share price traded up 12.1% during trading on Monday . The company traded as high as GBX 0.19 ($0.00) and last traded at GBX 0.19 ($0.00). 84,321,445 shares changed hands during mid-day trading, an increase of 782% from the average session volume of 9,563,564 shares. The stock had previously closed at GBX 0.17 ($0.00).

United Oil & Gas Trading Up 12.1 %

The business has a 50 day simple moving average of GBX 0.21 and a 200 day simple moving average of GBX 0.51. The company has a debt-to-equity ratio of 6.40, a current ratio of 0.68 and a quick ratio of 1.54. The company has a market cap of £2.15 million, a price-to-earnings ratio of 165.00 and a beta of 1.73.

About United Oil & Gas

United Oil & Gas Plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas in the United Kingdom, Egypt, Europe, and Latin America. The company holds interests in the Abu Sennan concession located in the Western Desert region of onshore Egypt; the Maria license located in the Central North Sea, and the Walton Morant license located in offshore Jamaica.