Union Jack Oil (LON:UJO) Shares Cross Above 50-Day Moving Average of $17.25

Shares of Union Jack Oil plc (LON:UJO) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 17.25 ($0.23) and traded as high as GBX 17.40 ($0.23). Union Jack Oil shares last traded at GBX 17.25 ($0.23), with a volume of 22,937 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “house stock” rating on shares of Union Jack Oil in a research note on Monday, May 20th.

Union Jack Oil Stock Performance

The stock’s 50-day moving average is GBX 17.25 and its 200 day moving average is GBX 18.69. The stock has a market capitalization of £18.33 million, a PE ratio of 1,725.00 and a beta of 0.74.

About Union Jack Oil

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 Wilzetta, 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.