Union Jack Oil (LON:UJO) Stock Rating Reaffirmed by Shore Capital

Union Jack Oil (LON:UJOGet Rating)‘s stock had its “house stock” rating restated by equities researchers at Shore Capital in a research note issued on Thursday, MarketBeat Ratings reports.

Union Jack Oil Stock Performance

Shares of UJO opened at GBX 26.65 ($0.32) on Thursday. The business’s 50-day moving average is GBX 30.79 and its two-hundred day moving average is GBX 28.47. The company has a market capitalization of ¬£30.08 million and a P/E ratio of 1,337.50. Union Jack Oil has a fifty-two week low of GBX 10.50 ($0.13) and a fifty-two week high of GBX 53.72 ($0.65).

About Union Jack Oil

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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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