Union Jack Oil (LON:UJO) Earns House Stock Rating from Shore Capital

Shore Capital reiterated their house stock rating on shares of Union Jack Oil (LON:UJOGet Rating) in a research note published on Thursday morning, Marketbeat Ratings reports.

Union Jack Oil Stock Down 12.9 %

UJO stock opened at GBX 26.56 ($0.32) on Thursday. Union Jack Oil has a twelve month low of GBX 10.50 ($0.13) and a twelve month high of GBX 53.72 ($0.65). The stock has a market cap of ¬£29.97 million and a P/E ratio of 1,337.50. The business’s 50-day moving average price is GBX 30.79 and its 200-day moving average price is GBX 28.47.

About Union Jack Oil

(Get Rating)

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 West Newton, Wressle Discovery, Broughton North, Biscathorpe, Keddington Oilfield Louth, North Somercotes, Louth Extension, Fiskerton Airfield Oilfield, North Kelsey, Dukes Wood, Kirklington, Widmerpool Gulf, Humber Basin, and Laughton projects.

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