Jadestone Energy (LON:JSE) Stock Price Down 0.7% – Should You Sell?

Jadestone Energy plc (LON:JSEGet Free Report) was down 0.7% on Tuesday . The stock traded as low as GBX 30 and last traded at GBX 30.30. Approximately 428,199 shares traded hands during trading, a decline of 80% from the average daily volume of 2,185,997 shares. The stock had previously closed at GBX 30.50.

Analyst Upgrades and Downgrades

Several research firms recently commented on JSE. Berenberg Bank restated a “buy” rating and set a GBX 64 price target on shares of Jadestone Energy in a research note on Thursday, March 19th. Stifel Nicolaus raised Jadestone Energy to a “buy” rating and set a GBX 70 price objective on the stock in a report on Tuesday, April 21st. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Jadestone Energy presently has an average rating of “Buy” and an average target price of GBX 61.33.

View Our Latest Stock Report on Jadestone Energy

Jadestone Energy Stock Down 0.7%

The company has a market capitalization of £164.68 million, a price-to-earnings ratio of 7.58 and a beta of 0.12. The business has a fifty day simple moving average of GBX 27.69 and a two-hundred day simple moving average of GBX 25.13. The company has a quick ratio of 2.08, a current ratio of 0.94 and a debt-to-equity ratio of 278.95.

About Jadestone Energy

(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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