Jadestone Energy (LON:JSE) Trading 0.8% Higher – What’s Next?

Shares of Jadestone Energy plc (LON:JSEGet Free Report) rose 0.8% on Friday . The company traded as high as GBX 24.40 ($0.31) and last traded at GBX 24.40 ($0.31). Approximately 136,832 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 838,863 shares. The stock had previously closed at GBX 24.20 ($0.30).

Jadestone Energy Price Performance

The company has a market cap of £131.96 million, a P/E ratio of -305.00 and a beta of 1.43. The firm’s 50-day moving average is GBX 25.01 and its two-hundred day moving average is GBX 28.36. The company has a debt-to-equity ratio of 2,338.94, a current ratio of 1.21 and a quick ratio of 2.08.

Insiders Place Their Bets

In related news, insider Alexander Paul Blakeley acquired 443,100 shares of the stock in a transaction dated Tuesday, November 12th. The stock was acquired at an average cost of GBX 24 ($0.30) per share, with a total value of £106,344 ($133,816.53). Corporate insiders own 1.45% of the company’s stock.

About Jadestone Energy

(Get Free Report)

Jadestone Energy plc operates as an independent oil and gas development and production company in the Asia Pacific region. The company holds 100% operated working interests in the Stag oilfield and Montara project located in offshore Western Australia; and Block 46/07 and Block 51 PSCs located in the Malay Basin, offshore southwest Vietnam.

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