Jadestone Energy (LON:JSE) Sets New 52-Week High – Here’s Why

Jadestone Energy plc (LON:JSE – Get Free Report) reached a new 52-week high during mid-day trading on Monday. The company traded as high as GBX 45 and last traded at GBX 43.25, with a volume of 2,504,309 shares. The stock had previously closed at GBX 44.30.

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a “buy” rating and set 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. Based on data from MarketBeat.com, Jadestone Energy presently has a consensus rating of “Buy” and a consensus price target of GBX 70.50.

Read Our Latest Analysis on Jadestone Energy

Jadestone Energy Trading Down 2.4%

The company has a debt-to-equity ratio of -276.87, a quick ratio of 2.08 and a current ratio of 2.27. The company has a 50 day simple moving average of GBX 36.67 and a two-hundred day simple moving average of GBX 32.22. The firm has a market cap of £235.69 million, a PE ratio of -1.54 and a beta of 0.13.

Jadestone Energy Company Profile

(Get Free Report)

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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