Jersey Oil and Gas (LON:JOG) Stock Price Up 9.4% – What’s Next?

Jersey Oil and Gas Plc (LON:JOGGet Free Report)’s stock price shot up 9.4% during trading on Friday . The stock traded as high as GBX 65.90 ($0.86) and last traded at GBX 64 ($0.84). 101,814 shares traded hands during trading, a decline of 18% from the average session volume of 124,381 shares. The stock had previously closed at GBX 58.50 ($0.77).

Jersey Oil and Gas Price Performance

The firm has a market capitalization of £20.91 million, a price-to-earnings ratio of -393.75 and a beta of 0.96. The company has a current ratio of 69.26, a quick ratio of 18.80 and a debt-to-equity ratio of 0.40. The business has a 50-day moving average price of GBX 67.20 and a two-hundred day moving average price of GBX 109.33.

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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