News Oil & Gas

Jersey Oil and Gas (LON:JOG) Shares Cross Above Fifty Day Moving Average of $244.68

Jersey Oil and Gas Plc (LON:JOG – Get Rating) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 244.68 ($3.00) and traded as high as GBX 265 ($3.25). Jersey Oil and Gas shares last traded at GBX 261 ($3.20), with a volume of 32,453 shares changing hands.

Jersey Oil and Gas Price Performance

The stock has a fifty day simple moving average of GBX 244.68 and a two-hundred day simple moving average of GBX 203.38. The company has a market cap of £89.52 million and a PE ratio of -18.00. The company has a current ratio of 4.90, a quick ratio of 4.86 and a debt-to-equity ratio of 0.66.

Insider Activity

In related news, insider Jason Andrew Benitz purchased 13,284 shares of Jersey Oil and Gas stock in a transaction dated Thursday, May 5th. The stock was bought at an average cost of GBX 271 ($3.32) per share, for a total transaction of £35,999.64 ($44,111.80).

Jersey Oil and Gas Company Profile

(Get Rating)

Jersey Oil and Gas Plc engages in the acquisition, exploration, appraisal, development, and production of oil and gas properties in the North Sea of the United Kingdom. The company holds a 100% interest in the Buchan and J2 project, which include P2498 Blocks 20/5A, 20/5E, and 21/1A licenses; and a 100% working interest in the Verbier project covering P2170 Blocks 20/5B and 21/1D licenses.

Further Reading

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