UK Oil & Gas (LON:UKOG) Trading Down 26.5% – Here’s What Happened

Shares of UK Oil & Gas PLC (LON:UKOGGet Free Report) dropped 26.5% during mid-day trading on Tuesday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 230,029,906 shares were traded during trading, an increase of 8% from the average daily volume of 212,575,234 shares. The stock had previously closed at GBX 0.03 ($0.00).

UK Oil & Gas Stock Performance

The company has a market cap of £2.57 million, a P/E ratio of -0.60 and a beta of 1.50. The company has a quick ratio of 0.79, a current ratio of 0.33 and a debt-to-equity ratio of 11.41. The company has a 50 day moving average price of GBX 0.04 and a 200-day moving average price of GBX 0.03.

About UK Oil & Gas

(Get Free Report)

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

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