Jadestone Energy (LON:JSE) Trading 1% Higher

Jadestone Energy plc (LON:JSEGet Rating)’s stock price traded up 1% on Wednesday . The stock traded as high as GBX 107 ($1.35) and last traded at GBX 105 ($1.32). 3,520,138 shares changed hands during trading, an increase of 221% from the average session volume of 1,096,801 shares. The stock had previously closed at GBX 104 ($1.31).

Separately, Berenberg Bank restated a “hold” rating and set a GBX 105 ($1.32) price target on shares of Jadestone Energy in a report on Thursday, February 10th.

The firm has a market capitalization of £479.45 million and a PE ratio of -9.63. The company has a debt-to-equity ratio of 12.98, a current ratio of 2.00 and a quick ratio of 1.43. The firm has a 50-day simple moving average of GBX 96.83 and a 200-day simple moving average of GBX 91.66.

Jadestone Energy Company Profile (LON:JSE)

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 the Montara project located in offshore Western Australia; and two gas development blocks in Southwest Vietnam.

Further Reading

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