Jadestone Energy plc (LON:JSE) Insider David Loren Neuhauser Sells 109,073 Shares of Stock

Jadestone Energy plc (LON:JSEGet Rating) insider David Loren Neuhauser sold 109,073 shares of the company’s stock in a transaction on Friday, November 18th. The shares were sold at an average price of GBX 77 ($0.91), for a total transaction of £83,986.21 ($99,309.70).

Jadestone Energy Stock Up 0.8 %

JSE opened at GBX 73.60 ($0.87) on Wednesday. Jadestone Energy plc has a twelve month low of GBX 5 ($0.06) and a twelve month high of GBX 110 ($1.30). The company has a quick ratio of 2.08, a current ratio of 2.82 and a debt-to-equity ratio of 5.78. The company has a 50-day moving average price of GBX 72.82 and a 200 day moving average price of GBX 85.64. The company has a market cap of £334.32 million and a PE ratio of 1,472.00.

Jadestone Energy Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, October 14th. Investors of record on Thursday, September 29th were given a dividend of $0.01 per share. The ex-dividend date was Thursday, September 29th. This represents a dividend yield of 0.77%. Jadestone Energy’s dividend payout ratio (DPR) is presently 37.50%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank lowered their target price on shares of Jadestone Energy from GBX 125 ($1.48) to GBX 105 ($1.24) and set a “buy” rating on the stock in a research note on Thursday, November 17th.

About Jadestone Energy

(Get Rating)

Jadestone Energy plc operates as an independent oil and gas development and production company in the Asia Pacific region. The company holds 100% operated working interests in the Stag oilfield and Montara project located in offshore Western Australia; and two gas development blocks in Malay Basin, Southwest Vietnam.

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