Jersey Oil and Gas (LON:JOG) Stock Passes Below 50 Day Moving Average of $235.59

Jersey Oil and Gas Plc (LON:JOG – Get Rating) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 235.59 ($2.87) and traded as low as GBX 215 ($2.62). Jersey Oil and Gas shares last traded at GBX 218 ($2.66), with a volume of 36,249 shares.

Jersey Oil and Gas Stock Performance

The company’s fifty day moving average is GBX 235.59 and its 200 day moving average is GBX 253.21. The company has a market capitalization of £70.97 million and a P/E ratio of -15.03. The company has a current ratio of 19.37, a quick ratio of 18.80 and a debt-to-equity ratio of 0.48.

About Jersey Oil and Gas

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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.