Jadestone Energy (LON:JSE) Shares Down 0.2% – Should You Sell?

Shares of Jadestone Energy plc (LON:JSE) dropped 0.2% during mid-day trading on Tuesday . The stock traded as low as GBX 19 ($0.25) and last traded at GBX 19 ($0.25). Approximately 92,570 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 1,053,359 shares. The stock had previously closed at GBX 19.03 ($0.25).

Jadestone Energy Stock Performance

The firm has a market cap of £128.78 million, a P/E ratio of -2.41 and a beta of 1.43. The company has a debt-to-equity ratio of 348.59, a quick ratio of 2.08 and a current ratio of 1.14. The business’s 50-day simple moving average is GBX 22.18 and its 200 day simple moving average is GBX 24.55.

Insider Buying and Selling

In other Jadestone Energy news, insider John Mendelson acquired 83,467 shares of the company’s stock in a transaction that occurred on Wednesday, March 19th. The shares were bought at an average price of GBX 2,390 ($31.91) per share, with a total value of £1,994,861.30 ($2,663,721.86). Also, insider Gunter Waldner bought 896,500 shares of Jadestone Energy stock in a transaction on Thursday, February 6th. The shares were acquired at an average cost of GBX 27 ($0.36) per share, with a total value of £242,055 ($323,214.05). Insiders bought 1,288,967 shares of company stock valued at $988,466,630 over the last 90 days. Company insiders own 1.45% of the company’s stock.

Jadestone Energy Company Profile

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.