Jersey Oil and Gas Plc (LON:JOG – Get Free Report) crossed below its fifty day moving average during trading on Friday. The stock has a fifty day moving average of GBX 107.79 and traded as low as GBX 98. Jersey Oil and Gas shares last traded at GBX 101.40, with a volume of 18,545 shares traded.
Jersey Oil and Gas Stock Up 1.4%
The company’s 50-day moving average is GBX 107.79 and its two-hundred day moving average is GBX 106.20. The company has a market capitalization of £33.13 million, a P/E ratio of -17.98 and a beta of 0.03.
Jersey Oil and Gas (LON:JOG – Get Free Report) last announced its earnings results on Tuesday, September 29th. The company reported GBX (2.53) earnings per share for the quarter. On average, sell-side analysts predict that Jersey Oil and Gas Plc will post -1040.47 EPS for the current year.
About Jersey Oil and Gas
Jersey Oil & Gas is a UK E&P company focused on building an upstream oil and gas business in the North Sea. The Company holds a significant acreage position within the Central North Sea referred to as the Greater Buchan Area, which includes operatorship and 100% working interests in blocks that contain the Buchan oil field and J2 and Glenn oil discoveries and an 88% working interest in the P2170 Licence, Blocks 20/5b & 21/1d, that contains the Verbier oil discovery.
JOG’s acreage is estimated by management to contain more than 140 million barrels of oil equivalent (“boe”) of discovered mean recoverable resources net to JOG, in addition to significant exploration upside potential.
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