Jadestone Energy (LON:JSE) Stock Price Down 0.4% – Here’s What Happened

Jadestone Energy plc (LON:JSE)’s share price was down 0.4% on Tuesday . The stock traded as low as GBX 24 and last traded at GBX 24.41. Approximately 145,104 shares traded hands during trading, a decline of 91% from the average daily volume of 1,593,920 shares. The stock had previously closed at GBX 24.50.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 68 target price on shares of Jadestone Energy in a research note on Tuesday, February 3rd. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of GBX 59.

Jadestone Energy Stock Down 10.9%

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 firm has a market cap of £121.99 million, a PE ratio of 5.63 and a beta of 1.43. The stock has a fifty day simple moving average of GBX 23.85 and a two-hundred day simple moving average of GBX 22.44.

About Jadestone Energy

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.