Shares of Union Jack Oil plc (LON:UJO – Get Free Report) shot up 17.1% during mid-day trading on Wednesday . The stock traded as high as GBX 12 ($0.15) and last traded at GBX 12 ($0.15). 486,186 shares changed hands during trading, an increase of 48% from the average session volume of 328,359 shares. The stock had previously closed at GBX 10.25 ($0.13).
Union Jack Oil Price Performance
The company has a market capitalization of £11.75 million, a price-to-earnings ratio of 1,103.00, a price-to-earnings-growth ratio of 0.21 and a beta of 0.77. The firm has a fifty day simple moving average of GBX 10.13 and a 200 day simple moving average of GBX 13.38.
Union Jack Oil Company Profile
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.
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