Union Jack Oil (LON:UJO) Reaches New 1-Year Low – Time to Sell?

Union Jack Oil plc (LON:UJO)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 9.02 ($0.11) and last traded at GBX 9.87 ($0.12), with a volume of 200222 shares trading hands. The stock had previously closed at GBX 10.50 ($0.13).

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 Price Performance

The business has a fifty day moving average price of GBX 10.67 and a 200 day moving average price of GBX 14.57. The company has a market capitalization of £10.52 million, a price-to-earnings ratio of 987.00, a price-to-earnings-growth ratio of 0.21 and a beta of 0.77.

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.