United Oil & Gas Plc (LON:UOG – Get Rating) was down 1.4% during mid-day trading on Friday . The stock traded as low as GBX 1.67 ($0.02) and last traded at GBX 1.70 ($0.02). Approximately 918,471 shares changed hands during trading, a decline of 60% from the average daily volume of 2,283,730 shares. The stock had previously closed at GBX 1.73 ($0.02).
United Oil & Gas Stock Down 1.4 %
The stock has a market capitalization of £11.16 million and a PE ratio of 170.00. The firm’s fifty day moving average is GBX 1.81 and its 200-day moving average is GBX 2.12. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 15.95.
Insider Buying and Selling
In related news, insider Peter Dunne bought 585,308 shares of the stock in a transaction on Thursday, July 7th. The shares were bought at an average cost of GBX 7 ($0.08) per share, for a total transaction of £40,971.56 ($49,506.48).
About United Oil & Gas
United Oil & Gas Plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas in the United Kingdom, other countries in 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.
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