Insider Buying: Jersey Oil and Gas Plc (LON:JOG) Insider Purchases £24,997.98 in Stock

Jersey Oil and Gas Plc (LON:JOG) insider Jason Andrew Benitz purchased 47,166 shares of the stock in a transaction that occurred on Friday, March 7th. The stock was purchased at an average price of GBX 53 ($0.69) per share, with a total value of £24,997.98 ($32,313.83).

Jersey Oil and Gas Stock Down 5.8 %

Jersey Oil and Gas stock opened at GBX 57 ($0.74) on Monday. The business has a fifty day moving average of GBX 65.70 and a two-hundred day moving average of GBX 62.79. The company has a quick ratio of 18.80, a current ratio of 69.26 and a debt-to-equity ratio of 0.40. The firm has a market cap of £18.75 million, a P/E ratio of -3.52 and a beta of 0.96. Jersey Oil and Gas Plc has a twelve month low of GBX 45.60 ($0.59) and a twelve month high of GBX 183 ($2.37).

About Jersey Oil and Gas

Jersey Oil & Gas is a UK E&P company focused on building an upstream oil and gas business in the North Sea. The Company holds a significant acreage position within the Central North Sea referred to as the Greater Buchan Area, which includes operatorship and 100% working interests in blocks that contain the Buchan oil field and J2 and Glenn oil discoveries and an 88% working interest in the P2170 Licence, Blocks 20/5b & 21/1d, that contains the Verbier oil discovery.

JOG’s acreage is estimated by management to contain more than 140 million barrels of oil equivalent (“boe”) of discovered mean recoverable resources net to JOG, in addition to significant exploration upside potential.