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UK Oil & Gas (LON:UKOG) share price rises 12.7%

UK Oil & Gas (LON:UKOG) share price rises 12.7%


UK Oil & Gas PLC (LON:UKOG – Free Report) shares rose 12.7% on Thursday. The company traded as high as GBX 0.06 ($0.00) and was last seen at GBX 0.06 ($0.00). About 486,150,219 shares changed hands during midday trading, a 160% increase from the average daily volume of 186,939,203 shares. The stock had previously closed at GBX 0.06 ($0.00).

British oil and gas shares rise 18.2%

The company has a quick ratio of 0.79, a current ratio of 0.49 and a debt-to-equity ratio of 14.64. The stock has a 50-day moving average of GBX 0.03 and a 200-day moving average of GBX 0.03. The stock has a market cap of £2.50 million, a price-to-earnings ratio of -0.60 and a beta of 1.12.

About UK Oil & Gas

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UK Oil & Gas PLC is an oil and gas exploration and production company. It has interests in the Loxley, Horse Hill, Horndean, Avington, Broadford Bridge and Portland gas storage fields in the United Kingdom and the Basur-Resan field in Turkey. The company was founded in 2004 and is based in London, UK.

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