Jeff Green Sells 9,700 Shares of Rubellite Energy (TSE:RBY) Stock

Rubellite Energy Inc. (TSE:RBYGet Free Report) insider Jeff Green sold 9,700 shares of the stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of C$4.40, for a total transaction of C$42,680.00. Following the transaction, the insider owned 179,166 shares of the company’s stock, valued at C$788,330.40. This represents a 5.14% decrease in their position.

Jeff Green also recently made the following trade(s):

  • On Thursday, September 10th, Jeff Green sold 73,664 shares of Rubellite Energy stock. The shares were sold at an average price of C$4.40, for a total transaction of C$324,121.60.

Rubellite Energy Stock Performance

TSE RBY opened at C$4.47 on Friday. The firm has a market cap of C$419.92 million, a P/E ratio of 16.56 and a beta of -0.97. The company has a quick ratio of 1.21, a current ratio of 0.43 and a debt-to-equity ratio of 33.54. The company’s 50 day moving average is C$4.24 and its 200-day moving average is C$3.60. Rubellite Energy Inc. has a 12-month low of C$2.13 and a 12-month high of C$4.83.

Rubellite Energy (TSE:RBYGet Free Report) last released its quarterly earnings data on Monday, August 10th. The company reported C$0.35 earnings per share for the quarter. The business had revenue of C$95.38 million during the quarter. Rubellite Energy had a net margin of 11.09% and a return on equity of 7.79%.

About Rubellite Energy

(Get Free Report)

Rubellite Energy Inc is a Canadian energy company. It is focused on Clearwater oil exploration and development utilizing multi-lateral horizontal drilling technology. The Clearwater is a high rate of return play with compelling economics at current forward market prices for Western Canadian Select crude oil.

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