Jadestone Energy (LON:JSE) Hits New 1-Year High – What’s Next?

Jadestone Energy plc (LON:JSEGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 38 and last traded at GBX 37.39, with a volume of 1606040 shares changing hands. The stock had previously closed at GBX 37.10.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 71 price objective on shares of Jadestone Energy in a report on Thursday, August 27th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of GBX 63.67.

View Our Latest Report on Jadestone Energy

Jadestone Energy Stock Up 0.8%

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 company has a market cap of £203.74 million, a PE ratio of -1.34 and a beta of 0.14. The company’s fifty day moving average is GBX 31.67 and its 200-day moving average is GBX 29.79.

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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