JKX Oil & Gas (LON:JKX) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

JKX Oil & Gas plc (LON:JKXGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 41.50 ($0.54) and traded as high as GBX 41.50 ($0.54). JKX Oil & Gas shares last traded at GBX 41.50 ($0.54), with a volume of 546,075 shares trading hands.

JKX Oil & Gas Price Performance

The firm has a 50 day moving average price of GBX 41.50 and a two-hundred day moving average price of GBX 41.50. The company has a market cap of £71.27 million and a P/E ratio of 3.40. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.62 and a current ratio of 3.21.

About JKX Oil & Gas

(Get Free Report)

JKX Oil & Gas plc, through its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas reserves. The company holds interests in various properties located in Ukraine, Russia, and Hungary. It has total reserves of approximately 84.4 million barrels of oil equivalent.

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