Jadestone Energy (LON:JSE) Stock Price Down 0.1% - Time to Sell?

Key Points

• Jadestone Energy's stock price decreased by 0.1% during trading, closing at GBX 22.48 ($0.30) with a decline in trading volume.
• Research firms maintain a positive outlook, with a consensus rating of "Buy" and an average price target of GBX 59 for the stock.
• The company has a market capitalization of £121.61 million and a debt-to-equity ratio of 348.59, highlighting potential financial leverage concerns.

Jadestone Energy plc (LON:JSE - Get Free Report)'s share price was down 0.1% during trading on Tuesday . The stock traded as low as GBX 22.15 ($0.30) and last traded at GBX 22.48 ($0.30). Approximately 1,461,112 shares changed hands during trading, a decline of 11% from the average daily volume of 1,633,526 shares. The stock had previously closed at GBX 22.50 ($0.30).

Wall Street Analyst Weigh In

Several research firms have issued reports on JSE. Peel Hunt reiterated a "buy" rating and issued a GBX 50 target price on shares of Jadestone Energy in a research note on Tuesday, September 30th. Berenberg Bank began coverage on Jadestone Energy in a research note on Wednesday, October 1st. They issued a "buy" rating and a GBX 68 target price on the stock. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of GBX 59.

Jadestone Energy Price Performance

The company has a quick ratio of 2.08, a current ratio of 1.14 and a debt-to-equity ratio of 348.59. The company has a market cap of £121.61 million, a PE ratio of 5.62 and a beta of 1.43. The firm has a 50 day simple moving average of GBX 20.13 and a 200-day simple moving average of GBX 20.29.

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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