Jadestone Energy (LON:JSE) Hits New 12-Month Low - Here's Why

Key Points

• Jadestone Energy hit a new 52-week low, with shares trading as low as GBX 17 ($0.23) during trading.
• The firm has a market capitalization of £93.34 million and a P/E ratio of -215.63, indicating financial challenges.
• Insider Gunter Waldner recently acquired 4,894,444 shares at an average cost of GBX 19 per share, demonstrating significant insider activity.

Jadestone Energy plc (LON:JSE - )'s stock price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 17 ($0.23) and last traded at GBX 17.25 ($0.23), with a volume of 4299587 shares. The stock had previously closed at GBX 18.08 ($0.24).

Jadestone Energy Stock Performance

The stock's 50 day moving average is GBX 19.67 and its two-hundred day moving average is GBX 20.66. The firm has a market capitalization of £93.34 million, a P/E ratio of -215.63 and a beta of 1.43. The company has a debt-to-equity ratio of 348.59, a current ratio of 1.14 and a quick ratio of 2.08.

Insider Activity

In related news, insider Gunter Waldner acquired 4,894,444 shares of the firm's stock in a transaction that occurred on Monday, July 21st. The stock was acquired at an average cost of GBX 19 per share, with a total value of £929,944.36. In the last 90 days, insiders acquired 5,747,925 shares of company stock valued at $109,210,575. 35.50% of the stock is owned by company insiders.

Jadestone Energy Company Profile

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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