United Oil & Gas (LON:UOG) Stock Price Up 13.6% – Here’s Why

United Oil & Gas Plc (LON:UOG)’s stock price rose 13.6% during mid-day trading on Thursday . The stock traded as high as GBX 0.17 ($0.00) and last traded at GBX 0.16 ($0.00). Approximately 63,815,668 shares were traded during mid-day trading, an increase of 341% from the average daily volume of 14,465,092 shares. The stock had previously closed at GBX 0.14 ($0.00).

United Oil & Gas Trading Up 65.0 %

The stock has a market cap of £3.06 million, a P/E ratio of 165.00 and a beta of 1.66. The company has a 50-day moving average price of GBX 0.16 and a two-hundred day moving average price of GBX 0.18. The company has a current ratio of 0.92, a quick ratio of 1.54 and a debt-to-equity ratio of 0.67.

United Oil & Gas Company Profile

United Oil & Gas Plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas in the United Kingdom, Egypt, Europe, and Latin America. The company holds interests in the Abu Sennan concession located in the Western Desert region of onshore Egypt; the Maria license located in the Central North Sea, and the Walton Morant license located in offshore Jamaica.