Jersey Oil and Gas (LON:JOG) Trading Down 10.3% – Should You Sell?

Jersey Oil and Gas Plc (LON:JOGGet Free Report)’s share price traded down 10.3% on Friday . The stock traded as low as GBX 65 ($0.84) and last traded at GBX 65 ($0.84). 204,595 shares traded hands during trading, an increase of 58% from the average session volume of 129,488 shares. The stock had previously closed at GBX 72.50 ($0.94).

Jersey Oil and Gas Stock Performance

The company has a debt-to-equity ratio of 0.40, a current ratio of 69.26 and a quick ratio of 18.80. The firm has a market cap of £21.24 million, a P/E ratio of -450.00 and a beta of 0.96. The stock’s 50 day moving average is GBX 62.73 and its two-hundred day moving average is GBX 98.65.

Jersey Oil and Gas Company Profile

(Get Free Report)

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.

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