Jadestone Energy (LON:JSE) Sets New 12-Month Low – Should You Sell?

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

Jadestone Energy Stock Performance

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 stock has a market cap of £143.42 million, a PE ratio of -2.68 and a beta of 1.43. The business’s 50-day moving average price is GBX 26.05 and its 200-day moving average price is GBX 25.91.

Insider Buying and Selling at Jadestone Energy

In related news, insider Gunter Waldner purchased 896,500 shares of the firm’s stock in a transaction on Thursday, February 6th. The stock was acquired at an average price of GBX 27 ($0.35) per share, with a total value of £242,055 ($312,248.45). Also, insider Adel Chaouch acquired 309,000 shares of the company’s stock in a transaction dated Monday, March 24th. The shares were bought at an average cost of GBX 2,475 ($31.93) per share, for a total transaction of £7,647,750 ($9,865,518.58). Insiders bought a total of 1,288,967 shares of company stock worth $988,466,630 over the last three months. Corporate 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.