Jersey Oil and Gas (LON:JOG) Trading Down 12.6%

Jersey Oil and Gas Plc (LON:JOGGet Free Report)’s share price dropped 12.6% on Tuesday . The stock traded as low as GBX 75 ($0.96) and last traded at GBX 76 ($0.98). Approximately 127,625 shares were traded during trading, an increase of 7% from the average daily volume of 119,061 shares. The stock had previously closed at GBX 87 ($1.12).

Jersey Oil and Gas Stock Performance

The company has a debt-to-equity ratio of 0.47, a quick ratio of 18.80 and a current ratio of 13.77. The firm’s 50-day moving average price is GBX 111.29 and its two-hundred day moving average price is GBX 147.15. The firm has a market capitalization of £22.54 million, a price-to-earnings ratio of -430.00 and a beta of 0.62.

Jersey Oil and Gas Company Profile

(Get Free Report)

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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