Union Jack Oil (LON:UJO) Stock Rating Reaffirmed by Shore Capital

Union Jack Oil (LON:UJO)‘s stock had its “house stock” rating reissued by equities researchers at Shore Capital in a note issued to investors on Wednesday, Marketbeat Ratings reports.

Union Jack Oil Stock Performance

Shares of UJO opened at GBX 24 ($0.30) on Wednesday. Union Jack Oil has a 1 year low of GBX 14 ($0.17) and a 1 year high of GBX 34 ($0.42). The stock has a 50 day simple moving average of GBX 17.60 and a 200-day simple moving average of GBX 18.82. The stock has a market cap of £25.58 million, a PE ratio of 1,200.00 and a beta of 0.68.

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.