Union Jack Oil (LON:UJO) Shares Pass Below 200 Day Moving Average of $23.51

Union Jack Oil plc (LON:UJO) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 23.51 ($0.29) and traded as low as GBX 19.35 ($0.24). Union Jack Oil shares last traded at GBX 20.50 ($0.25), with a volume of 175,582 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Union Jack Oil in a research note on Wednesday, September 20th.

Union Jack Oil Stock Down 5.0 %

The company’s 50 day moving average price is GBX 19.88 and its two-hundred day moving average price is GBX 23.46. The firm has a market cap of £20.25 million, a PE ratio of 1,000.00 and a beta of 0.75.

Union Jack Oil Company Profile

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, Fiskerton Oilfield, North Kelsey, Dukes Wood, Kirklington, Widmerpool Gulf, Laughton, and Humber Basin projects.