Jersey Oil and Gas (LON:JOG) Stock Price Passes Above 50-Day Moving Average of $244.68

Shares of Jersey Oil and Gas Plc (LON:JOGGet Rating) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 244.68 ($3.00) and traded as high as GBX 265 ($3.25). Jersey Oil and Gas shares last traded at GBX 261 ($3.20), with a volume of 32,453 shares.

Jersey Oil and Gas Stock Performance

The company has a quick ratio of 4.86, a current ratio of 4.90 and a debt-to-equity ratio of 0.66. The stock has a fifty day moving average of GBX 244.68 and a 200-day moving average of GBX 203.38. The stock has a market cap of £89.52 million and a PE ratio of -18.00.

Insider Buying and Selling

In related news, insider Jason Andrew Benitz purchased 13,284 shares of the stock in a transaction that occurred on Thursday, May 5th. The shares were purchased at an average price of GBX 271 ($3.32) per share, with a total value of £35,999.64 ($44,111.80).

Jersey Oil and Gas Company Profile

(Get Rating)

Jersey Oil and Gas Plc engages in the acquisition, exploration, appraisal, development, and production of oil and gas properties in the North Sea of the United Kingdom. The company holds a 100% interest in the Buchan and J2 project, which include P2498 Blocks 20/5A, 20/5E, and 21/1A licenses; and a 100% working interest in the Verbier project covering P2170 Blocks 20/5B and 21/1D licenses.

Further Reading

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