Jeff Green Sells 73,664 Shares of Rubellite Energy (TSE:RBY) Stock

Rubellite Energy Inc. (TSE:RBY) insider Jeff Green sold 73,664 shares of the company’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of C$4.40, for a total transaction of C$324,121.60. Following the completion of the transaction, the insider owned 105,502 shares of the company’s stock, valued at approximately C$464,208.80. This trade represents a 41.11% decrease in their position.

Jeff Green also recently made the following trade(s):

• On Wednesday, September 9th, Jeff Green sold 9,700 shares of Rubellite Energy stock. The stock was sold at an average price of C$4.40, for a total value of C$42,680.00.

Rubellite Energy Price Performance

RBY traded up C$0.05 during trading on Friday, hitting C$4.45. The company’s stock had a trading volume of 85,347 shares, compared to its average volume of 126,140. The firm has a market capitalization of C$418.04 million, a price-to-earnings ratio of 16.48 and a beta of -0.97. Rubellite Energy Inc. has a twelve month low of C$2.13 and a twelve month high of C$4.83. The business’s fifty day simple moving average is C$4.22 and its 200 day simple moving average is C$3.60. The company has a current ratio of 0.43, a quick ratio of 1.21 and a debt-to-equity ratio of 33.54.

Rubellite Energy (TSE:RBY) last announced its earnings results on Monday, August 10th. The company reported C$0.35 earnings per share (EPS) for the quarter. Rubellite Energy had a return on equity of 7.79% and a net margin of 11.09%.The firm had revenue of C$95.38 million for the quarter.

Rubellite Energy Company Profile

Rubellite Energy Inc is a Canadian energy company. It is focused on Clearwater oil exploration and development utilizing multi-lateral horizontal drilling technology. The Clearwater is a high rate of return play with compelling economics at current forward market prices for Western Canadian Select crude oil.