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

Jadestone Energy plc (LON:JSE - Get Free Report) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 18.55 ($0.25) and last traded at GBX 19 ($0.25), with a volume of 1288613 shares changing hands. The stock had previously closed at GBX 19.50 ($0.26).

Jadestone Energy Trading Down 1.2 %

The business's fifty day moving average is GBX 23.58 and its two-hundred day moving average is GBX 24.97. The company has a quick ratio of 2.08, a current ratio of 1.14 and a debt-to-equity ratio of 348.59. The firm has a market cap of £135.56 million, a price-to-earnings ratio of -2.54 and a beta of 1.43.

Insider Transactions at Jadestone Energy

In other Jadestone Energy news, insider Gunter Waldner bought 896,500 shares of the stock in a transaction on Thursday, February 6th. The stock was purchased at an average price of GBX 27 ($0.36) per share, with a total value of £242,055 ($322,310.25). Also, insider Adel Chaouch bought 309,000 shares of the company's stock in a transaction on Monday, March 24th. The shares were acquired at an average price of GBX 2,475 ($32.96) per share, with a total value of £7,647,750 ($10,183,422.10). Insiders bought a total of 1,288,967 shares of company stock worth $988,466,630 over the last 90 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.