Susquehanna Bancshares Inc began coverage on shares of Jagged Peak Egy (NYSE:JAG) in a report published on Monday. The brokerage issued a positive rating and a $20.00 price target on the mining company’s stock.

Shares of Jagged Peak Egy (NYSE:JAG) opened at 13.58 on Monday. Jagged Peak Egy has a 12 month low of $13.32 and a 12 month high of $15.08. The firm’s 50-day moving average price is $14.42 and its 200 day moving average price is $14.42.

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In other news, Director Roger L. Jarvis bought 10,000 shares of the stock in a transaction that occurred on Friday, January 27th. The stock was purchased at an average price of $14.15 per share, for a total transaction of $141,500.00. Following the completion of the purchase, the director now owns 10,000 shares in the company, valued at approximately $141,500. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John R. Sult bought 25,000 shares of the stock in a transaction that occurred on Wednesday, February 1st. The shares were purchased at an average price of $15.00 per share, with a total value of $375,000.00. Following the purchase, the director now owns 25,000 shares of the company’s stock, valued at approximately $375,000. The disclosure for this purchase can be found here.

Jagged Peak Egy Company Profile

Jagged Peak Energy Inc is an independent oil and natural gas company focused on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware Basin. The Company’s acreage is located on contiguous blocks in the adjacent counties of Winkler, Ward, Reeves and Pecos, with original oil-in-place within multiple stacked hydrocarbon-bearing formations.

5 Day Chart for NYSE:JAG

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