Jadestone Energy (LON:JSE) Shares Down 1.2% – Here’s Why

Jadestone Energy plc (LON:JSEGet Free Report) dropped 1.2% during mid-day trading on Friday . The stock traded as low as GBX 25.50 ($0.31) and last traded at GBX 25.60 ($0.31). Approximately 528,015 shares changed hands during trading, a decline of 73% from the average daily volume of 1,924,039 shares. The stock had previously closed at GBX 25.90 ($0.32).

Jadestone Energy Trading Down 1.2 %

The firm’s 50-day simple moving average is GBX 24.72 and its 200-day simple moving average is GBX 27.66. The firm has a market capitalization of £138.45 million, a PE ratio of -320.00 and a beta of 1.43. The company has a quick ratio of 2.08, a current ratio of 1.21 and a debt-to-equity ratio of 2,338.94.

Insider Activity at Jadestone Energy

In other news, insider Alexander Paul Blakeley purchased 443,100 shares of the company’s stock in a transaction on Tuesday, November 12th. The stock was acquired at an average price of GBX 24 ($0.29) per share, with a total value of £106,344 ($129,388.00). 1.45% of the stock is currently owned by company 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.

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