JKX Oil & Gas (LON:JKX) Stock Passes Below 200-Day Moving Average – Here’s Why

by · The Cerbat Gem

JKX Oil & Gas plc (LON:JKX – Get Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 41.50 ($0.52) and traded as low as GBX 39.50 ($0.50). JKX Oil & Gas shares last traded at GBX 41.50 ($0.52), with a volume of 546,075 shares traded.

JKX Oil & Gas Stock Performance

The company has a 50 day moving average of GBX 41.50 and a 200 day moving average of GBX 41.50. The firm has a market cap of £71.27 million and a price-to-earnings ratio of 3.40. The company has a current ratio of 3.21, a quick ratio of 2.62 and a debt-to-equity ratio of 0.30.

JKX Oil & Gas Company Profile

(Get Free Report)

JKX Oil & Gas plc, through its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas reserves. The company holds interests in various properties located in Ukraine, Russia, and Hungary. It has total reserves of approximately 84.4 million barrels of oil equivalent.

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