Union Jack Oil (LON:UJO) Stock Passes Above Fifty Day Moving Average of $30.79

Shares of Union Jack Oil plc (LON:UJOGet Rating) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 30.79 ($0.37) and traded as high as GBX 32.20 ($0.39). Union Jack Oil shares last traded at GBX 30.50 ($0.37), with a volume of 1,085,213 shares changing hands.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “house stock” rating on shares of Union Jack Oil in a report on Wednesday, September 7th.

Union Jack Oil Stock Performance

The company has a market capitalization of ¬£30.76 million and a P/E ratio of 1,525.00. The firm’s fifty day moving average is GBX 30.79 and its 200 day moving average is GBX 28.47.

Union Jack Oil Company Profile

(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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