Ryan Shay Sells 33,528 Shares of Rubellite Energy (TSE:RBY) Stock

Rubellite Energy Inc. (TSE:RBY) Director Ryan Shay sold 33,528 shares of Rubellite Energy stock in a transaction on Thursday, March 26th. The shares were sold at an average price of C$3.25, for a total value of C$108,966.00. Following the transaction, the director owned 525,660 shares of the company’s stock, valued at C$1,708,395. The trade was a 6.00% decrease in their position.

Rubellite Energy Stock Up 2.6%

Shares of TSE RBY traded up C$0.09 during trading on Monday, reaching C$3.61. The company had a trading volume of 198,609 shares, compared to its average volume of 121,264. Rubellite Energy Inc. has a 12-month low of C$1.59 and a 12-month high of C$3.65. The company has a quick ratio of 1.21, a current ratio of 0.50 and a debt-to-equity ratio of 33.87. The business’s 50-day moving average is C$2.80 and its 200 day moving average is C$2.51. The stock has a market cap of C$337.87 million, a PE ratio of 10.62 and a beta of 0.09.

About Rubellite Energy

Rubellite Energy Inc is a Canadian energy company. It is focused on Clearwater oil exploration and development utilizing multi-lateral horizontal drilling technology. The Clearwater is a high rate of return play with compelling economics at current forward market prices for Western Canadian Select crude oil.