Jadestone Energy (LON:JSE) Reaches New 1-Year Low - Here's Why

Shares of Jadestone Energy plc (LON:JSE - Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as GBX 23 ($0.29) and last traded at GBX 23.50 ($0.30), with a volume of 305181 shares traded. The stock had previously closed at GBX 24 ($0.31).

Jadestone Energy Trading Up 4.8 %

The company has a market capitalization of £149.12 million, a price-to-earnings ratio of -2.79 and a beta of 1.43. The company has a current ratio of 1.14, a quick ratio of 2.08 and a debt-to-equity ratio of 348.59. The business's 50 day moving average price is GBX 25.80 and its two-hundred day moving average price is GBX 25.76.

Insider Activity at Jadestone Energy

In other news, insider Gunter Waldner purchased 896,500 shares of the business's stock in a transaction dated Thursday, February 6th. The shares were purchased at an average cost of GBX 27 ($0.35) per share, with a total value of £242,055 ($309,295.94). Also, insider John Mendelson acquired 83,467 shares of the stock in a transaction dated Wednesday, March 19th. The stock was purchased at an average cost of GBX 2,390 ($30.54) per share, with a total value of £1,994,861.30 ($2,549,017.76). Insiders purchased a total of 1,288,967 shares of company stock valued at $988,466,630 in the last quarter. 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.