Jadestone Energy (LON:JSE) Hits New 12-Month High – Still a Buy?

by · The Markets Daily

Jadestone Energy plc (LON:JSE – Get Free Report) shares hit a new 52-week high on Monday. The stock traded as high as GBX 39 and last traded at GBX 38.70, with a volume of 2855214 shares traded. The stock had previously closed at GBX 38.50.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 71 price objective on shares of Jadestone Energy in a report on Thursday, August 27th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of GBX 63.67.

Get Our Latest Analysis on JSE

Jadestone Energy Stock Performance

The business’s 50-day simple moving average is GBX 33.19 and its two-hundred day simple moving average is GBX 30.65. 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 firm has a market cap of £210.89 million, a price-to-earnings ratio of -1.38 and a beta of 0.14.

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.

Featured Articles