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Jadestone Energy (LON:JSE) Shares Down 2.8% - Should You Sell?

Jadestone Energy logo with Energy background

Jadestone Energy plc (LON:JSE - Get Free Report) shares were down 2.8% on Thursday . The company traded as low as GBX 19 ($0.26) and last traded at GBX 19.20 ($0.26). Approximately 1,146,967 shares changed hands during trading, an increase of 17% from the average daily volume of 979,776 shares. The stock had previously closed at GBX 19.75 ($0.27).

Jadestone Energy Stock Performance

The firm has a market capitalization of £132.17 million, a PE ratio of -2.47 and a beta of 1.43. The firm's fifty day moving average is GBX 20.42 and its two-hundred day moving average is GBX 23.81. 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 Buying and Selling at Jadestone Energy

In other Jadestone Energy news, insider Adel Chaouch bought 309,000 shares of the stock in a transaction dated Monday, March 24th. The shares were bought at an average cost of GBX 2,475 ($33.31) per share, for a total transaction of £7,647,750 ($10,293,068.64). Also, insider John Mendelson bought 83,467 shares of the company's stock in a transaction on Wednesday, March 19th. The stock was bought at an average price of GBX 2,390 ($32.17) per share, for a total transaction of £1,994,861.30 ($2,684,873.89). Company insiders own 1.45% of the company's stock.

About Jadestone Energy

(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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