Jadestone Energy (LON:JSE) Hits New 52-Week Low – Here’s Why

Jadestone Energy plc (LON:JSEGet Free Report) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 23 ($0.30) and last traded at GBX 23 ($0.30), with a volume of 231195 shares traded. The stock had previously closed at GBX 24 ($0.31).

Jadestone Energy Stock Down 4.2 %

The business has a 50 day moving average of GBX 26.60 and a two-hundred day moving average of GBX 26.67. The stock has a market capitalization of £155.89 million, a PE ratio of -2.92 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.

Insider Buying and Selling at Jadestone Energy

In other Jadestone Energy news, insider Gunter Waldner bought 896,500 shares of the company’s stock in a transaction that occurred on Thursday, February 6th. The shares were purchased at an average cost of GBX 27 ($0.35) per share, for a total transaction of £242,055 ($313,380.37). Insiders own 1.45% of the company’s stock.

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.

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