UK Oil & Gas (LON:UKOG) Shares Down 9.1% – Here’s Why

Shares of UK Oil & Gas PLC (LON:UKOGGet Free Report) traded down 9.1% during trading on Friday . The stock traded as low as GBX 0.01 and last traded at GBX 0.01. 44,925,313 shares were traded during mid-day trading, a decline of 73% from the average session volume of 163,804,422 shares. The stock had previously closed at GBX 0.01.

UK Oil & Gas Price Performance

The company has a market capitalization of £2.91 million, a price-to-earnings ratio of -0.25 and a beta of 1.49. The company has a fifty day simple moving average of GBX 0.01 and a two-hundred day simple moving average of GBX 0.01. The company has a debt-to-equity ratio of 959.28, a quick ratio of 0.79 and a current ratio of 0.61.

About UK Oil & Gas

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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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