Jersey Oil and Gas (LON:JOG) Stock Price Passes Below 50 Day Moving Average of $161.49

Posted by Doug Wharley on Apr 28th, 2024

Jersey Oil and Gas Plc (LON:JOG – Get Free Report)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 161.49 ($1.99) and traded as low as GBX 150 ($1.85). Jersey Oil and Gas shares last traded at GBX 151 ($1.87), with a volume of 103,692 shares.

Jersey Oil and Gas Stock Down 1.6 %

The company has a quick ratio of 18.80, a current ratio of 6.77 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of £49.33 million, a PE ratio of -1,006.67 and a beta of 0.55. The firm’s fifty day moving average is GBX 161.49 and its 200-day moving average is GBX 186.82.

Insiders Place Their Bets

In other Jersey Oil and Gas news, insider Les Thomas purchased 10,000 shares of Jersey Oil and Gas stock in a transaction dated Tuesday, January 30th. The stock was acquired at an average cost of GBX 180 ($2.22) per share, with a total value of £18,000 ($22,233.20). 52.96% of the stock is currently owned by insiders.

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.