Shares of Jersey Oil and Gas Plc (LON:JOG – Get Free Report) fell 2.8% during trading on Wednesday . The company traded as low as GBX 52.11 ($0.66) and last traded at GBX 53 ($0.67). 34,601 shares were traded during mid-day trading, a decline of 72% from the average session volume of 122,998 shares. The stock had previously closed at GBX 54.50 ($0.69).
Jersey Oil and Gas Price Performance
The business’s 50-day moving average price is GBX 60.30 and its 200 day moving average price is GBX 79.09. The company has a market capitalization of £16.66 million, a P/E ratio of -318.76 and a beta of 0.96. The company has a quick ratio of 18.80, a current ratio of 69.26 and a debt-to-equity ratio of 0.40.
About Jersey Oil and Gas
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.
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