Jadestone Energy (LON:JSE) Trading Down 10.3% – Here’s What Happened

Jadestone Energy plc (LON:JSEGet Free Report)’s share price dropped 10.3% during trading on Wednesday . The company traded as low as GBX 27.50 ($0.35) and last traded at GBX 27.80 ($0.35). Approximately 9,738,752 shares changed hands during mid-day trading, an increase of 588% from the average daily volume of 1,416,485 shares. The stock had previously closed at GBX 31 ($0.39).

Jadestone Energy Trading Up 0.4 %

The firm has a market capitalization of £189.11 million, a price-to-earnings ratio of -3.54 and a beta of 1.43. The company has a debt-to-equity ratio of 348.59, a quick ratio of 2.08 and a current ratio of 1.14. The company has a 50 day moving average price of GBX 26.32 and a two-hundred day moving average price of GBX 26.94.

Insider Buying and Selling

In related news, insider Gunter Waldner purchased 896,500 shares of the firm’s stock in a transaction that occurred on Thursday, February 6th. The shares were purchased at an average cost of GBX 27 ($0.34) per share, with a total value of £242,055 ($306,787.07). 1.45% of the stock is owned by insiders.

Jadestone Energy Company Profile

(Get Free Report)

Jadestone Energy is a leading upstream oil and gas company in the Asia Pacific region, with a focus on production and near-term development assets.

Featured Stories

Receive News & Ratings for Jadestone Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jadestone Energy and related companies with MarketBeat.com's FREE daily email newsletter.