Jadestone Energy (LON:JSE) Shares Up 1% – What’s Next?

Jadestone Energy plc (LON:JSEGet Free Report)’s share price traded up 1% on Wednesday . The company traded as high as GBX 25.45 ($0.32) and last traded at GBX 25.25 ($0.32). 156,041 shares traded hands during trading, a decline of 81% from the average session volume of 842,012 shares. The stock had previously closed at GBX 25 ($0.32).

Jadestone Energy Stock Performance

The firm’s fifty day moving average price is GBX 26.14 and its 200-day moving average price is GBX 29.27. The company has a current ratio of 1.21, a quick ratio of 2.08 and a debt-to-equity ratio of 2,338.94. The company has a market cap of £136.56 million, a P/E ratio of -315.63 and a beta of 1.43.

Insider Activity at Jadestone Energy

In other news, insider Alexander Paul Blakeley purchased 443,100 shares of Jadestone Energy stock in a transaction on Tuesday, November 12th. The shares were purchased at an average cost of GBX 24 ($0.30) per share, for a total transaction of £106,344 ($135,125.79). 1.45% of the stock is currently owned by insiders.

Jadestone Energy Company Profile

(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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