Union Jack Oil (LON:UJO) Reaches New 1-Year Low – What’s Next?

Union Jack Oil plc (LON:UJO) reached a new 52-week low on Friday . The company traded as low as GBX 8.50 ($0.11) and last traded at GBX 9 ($0.11), with a volume of 720862 shares changing hands. The stock had previously closed at GBX 8.75 ($0.11).

Analyst Ratings Changes

Separately, Shore Capital reiterated a “house stock” rating on shares of Union Jack Oil in a research report on Monday, September 16th.

Union Jack Oil Stock Up 2.9 %

The stock has a market cap of £9.59 million, a PE ratio of 900.00, a PEG ratio of 0.21 and a beta of 0.77. The business’s 50-day simple moving average is GBX 10.41 and its 200-day simple moving average is GBX 14.04.

Union Jack Oil Company Profile

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.