Jadestone Energy (LON:JSE) Sets New 52-Week High – What’s Next?

Jadestone Energy plc (LON:JSE – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 38.50 and last traded at GBX 36.50, with a volume of 175625 shares. The stock had previously closed at GBX 36.50.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 71 price target on shares of Jadestone Energy in a report on Thursday, August 27th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 63.67.

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Jadestone Energy Price Performance

The stock’s 50 day moving average price is GBX 32.31 and its 200-day moving average price is GBX 30.18. The company has a quick ratio of 2.08, a current ratio of 2.27 and a debt-to-equity ratio of -276.87. The stock has a market capitalization of £198.90 million, a PE ratio of -1.30 and a beta of 0.14.

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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