Jadestone Energy plc (LON:JSE – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday. The stock traded as high as GBX 39 and last traded at GBX 38.88, with a volume of 2,607,230 shares changing hands. The stock had previously closed at GBX 38.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank restated a “buy” rating and issued a GBX 71 price objective on shares of Jadestone Energy in a research note on Thursday, August 27th. Two research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of GBX 70.50.
Get Our Latest Stock Analysis on Jadestone Energy
Jadestone Energy Price Performance
The stock has a market cap of £221.24 million, a price-to-earnings ratio of -1.45 and a beta of 0.13. The company has a quick ratio of 2.08, a current ratio of 2.27 and a debt-to-equity ratio of -276.87. The company’s 50-day moving average is GBX 35.26 and its 200-day moving average is GBX 31.60.
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.
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