UK Oil & Gas (LON:UKOG) Stock Price Up 11.1% – What’s Next?

UK Oil & Gas PLC (LON:UKOGGet Free Report)’s share price shot up 11.1% during mid-day trading on Monday . The company traded as high as GBX 0.01 and last traded at GBX 0.01. 1,113,975,000 shares traded hands during trading, an increase of 505% from the average daily volume of 184,016,109 shares. The stock had previously closed at GBX 0.01.

UK Oil & Gas Stock Down 9.1%

The firm’s 50 day moving average price is GBX 0.01 and its 200-day moving average price is GBX 0.01. The company has a current ratio of 0.61, a quick ratio of 0.79 and a debt-to-equity ratio of 959.28. The company has a market cap of £2.91 million, a P/E ratio of -0.25 and a beta of 1.42.

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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