Union Jack Oil (LON:UJO) Share Price Crosses Below Two Hundred Day Moving Average of $18.91

Posted by Oscar Bower on Jul 28th, 2024

Shares of Union Jack Oil plc (LON:UJO – Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 18.91 ($0.24) and traded as low as GBX 17.20 ($0.22). Union Jack Oil shares last traded at GBX 18 ($0.23), with a volume of 221,862 shares trading hands.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of Union Jack Oil in a research report on Monday, May 20th.

Check Out Our Latest Stock Analysis on UJO

Union Jack Oil Trading Up 4.3 %

The company’s 50-day simple moving average is GBX 18.08 and its 200 day simple moving average is GBX 18.90. The stock has a market cap of £19.18 million, a P/E ratio of 900.00 and a beta of 0.56.

Union Jack Oil Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, July 26th. Shareholders of record on Thursday, July 4th were given a dividend of GBX 0.25 ($0.00) per share. The ex-dividend date of this dividend was Thursday, July 4th. This represents a dividend yield of 1.04%. Union Jack Oil’s dividend payout ratio is currently 5,000.00%.

Union Jack Oil Company Profile

(Get Free Report)

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.