Jadestone Energy’s (JSE) Buy Rating Reiterated at Peel Hunt

Peel Hunt restated their buy rating on shares of Jadestone Energy (LON:JSEFree Report) in a research note released on Tuesday morning, Marketbeat reports. Peel Hunt currently has a GBX 50 price objective on the stock.

Jadestone Energy Price Performance

Shares of JSE opened at GBX 21.50 on Tuesday. The company has a debt-to-equity ratio of 348.59, a current ratio of 1.14 and a quick ratio of 2.08. The company’s fifty day moving average price is GBX 19.56 and its 200-day moving average price is GBX 20.39. Jadestone Energy has a 1-year low of GBX 17 and a 1-year high of GBX 33. The firm has a market capitalization of £116.34 million, a PE ratio of -268.75 and a beta of 1.43.

Insider Activity

In other news, insider Gunter Waldner bought 4,894,444 shares of the firm’s stock in a transaction that occurred on Monday, July 21st. The stock was purchased at an average price of GBX 19 per share, with a total value of £929,944.36. Insiders bought 5,747,925 shares of company stock valued at $109,210,575 in the last three months. Company insiders own 35.50% of the company’s stock.

Jadestone Energy Company Profile

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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.

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