Jadestone Energy (LON:JSE) Reaches New 52-Week Low - Here's What Happened

Shares of Jadestone Energy plc (LON:JSE - Get Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 19 ($0.25) and last traded at GBX 19.27 ($0.26), with a volume of 1902649 shares. The stock had previously closed at GBX 20 ($0.27).

Jadestone Energy Price Performance

The business has a fifty day moving average of GBX 24.58 and a 200 day moving average of GBX 25.33. The stock has a market cap of £130.68 million, a PE ratio of -2.44 and a beta of 1.43. The company has a debt-to-equity ratio of 348.59, a current ratio of 1.14 and a quick ratio of 2.08.

Insider Buying and Selling at Jadestone Energy

In related news, insider Adel Chaouch acquired 309,000 shares of the stock in a transaction that occurred on Monday, March 24th. The stock was purchased at an average cost of GBX 2,475 ($32.91) per share, for a total transaction of £7,647,750 ($10,168,528.12). Also, insider John Mendelson bought 83,467 shares of the company's stock in a transaction dated Wednesday, March 19th. The stock was bought at an average cost of GBX 2,390 ($31.78) per share, with a total value of £1,994,861.30 ($2,652,388.38). Insiders have purchased 1,288,967 shares of company stock worth $988,466,630 in the last ninety days. 1.45% of the stock is owned by insiders.

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.