Jersey Oil and Gas (LON:JOG) Stock Crosses Below Fifty Day Moving Average of $168.05

Jersey Oil and Gas Plc (LON:JOG) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 168.05 ($2.13) and traded as low as GBX 162 ($2.05). Jersey Oil and Gas shares last traded at GBX 162 ($2.05), with a volume of 44,316 shares traded.

Jersey Oil and Gas Stock Performance

The stock has a market cap of £54.85 million, a P/E ratio of -1,080.00 and a beta of 0.55. The company has a quick ratio of 18.80, a current ratio of 6.77 and a debt-to-equity ratio of 0.54. The business has a 50 day moving average price of GBX 168.05 and a two-hundred day moving average price of GBX 191.60.

Insider Transactions at Jersey Oil and Gas

In other Jersey Oil and Gas news, insider Les Thomas acquired 10,000 shares of the company’s stock in a transaction dated Tuesday, January 30th. The stock was purchased at an average price of GBX 180 ($2.28) per share, with a total value of £18,000 ($22,781.93). Corporate insiders own 52.96% of the company’s stock.

About Jersey Oil and Gas

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.