United Oil & Gas (LON:UOG) Shares Up 25% – Here’s Why

United Oil & Gas Plc (LON:UOG) shares rose 25% during trading on Tuesday . The stock traded as high as GBX 0.09 ($0.00) and last traded at GBX 0.09 ($0.00). Approximately 184,377,672 shares were traded during trading, an increase of 357% from the average daily volume of 40,352,449 shares. The stock had previously closed at GBX 0.07 ($0.00).

United Oil & Gas Price Performance

The company has a debt-to-equity ratio of 0.67, a current ratio of 0.92 and a quick ratio of 1.54. The stock has a market capitalization of £986,000.00, a P/E ratio of 165.00 and a beta of 1.66. The firm has a fifty day moving average of GBX 0.09 and a two-hundred day moving average of GBX 0.13.

United Oil & Gas Company Profile

United Oil & Gas is a high growth oil and gas company, headquartered in Dublin and listed on the AIM market of the London Stock Exchange. United has a portfolio of low-risk, cash generative exploration, development, appraisal and production interests in Egypt, Jamaica and the UK. Led by an experienced management team with a strong track record of growing full cycle businesses and partnered with established industry players, the Company is well positioned to deliver future growth through portfolio optimisation and targeted acquisitions.