Jadestone Energy (LON:JSE) Hits New 52-Week High – Here’s What Happened

Shares of Jadestone Energy plc (LON:JSE) reached a new 52-week high on Monday . The stock traded as high as GBX 38.50 and last traded at GBX 36.50, with a volume of 175625 shares trading hands. The stock had previously closed at GBX 36.50.

Analyst Upgrades and Downgrades

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

Jadestone Energy Stock Performance

The company has a debt-to-equity ratio of -276.87, a current ratio of 2.27 and a quick ratio of 2.08. The company has a market cap of £198.90 million, a PE ratio of -1.30 and a beta of 0.14. The business has a fifty day simple moving average of GBX 32.31 and a two-hundred day simple moving average of GBX 30.18.

About Jadestone Energy

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.