Jeff Green Sells 73,664 Shares of Rubellite Energy (TSE:RBY) Stock

Rubellite Energy Inc. (TSE:RBY) insider Jeff Green sold 73,664 shares of the business’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of C$4.40, for a total value of C$324,121.60. Following the sale, the insider owned 105,502 shares of the company’s stock, valued at approximately C$464,208.80. The trade was a 41.11% decrease in their position.

Jeff Green also recently made the following trade(s):

• On Wednesday, September 9th, Jeff Green sold 9,700 shares of Rubellite Energy stock. The shares were sold at an average price of C$4.40, for a total value of C$42,680.00.

Rubellite Energy Price Performance

Rubellite Energy stock opened at C$4.47 on Friday. The business’s 50-day simple moving average is C$4.24 and its 200 day simple moving average is C$3.60. The company has a quick ratio of 1.21, a current ratio of 0.43 and a debt-to-equity ratio of 33.54. The stock has a market cap of C$419.92 million, a price-to-earnings ratio of 16.56 and a beta of -0.97. Rubellite Energy Inc. has a 12-month low of C$2.13 and a 12-month high of C$4.83.

Rubellite Energy (TSE:RBY) last announced its quarterly earnings data on Monday, August 10th. The company reported C$0.35 earnings per share for the quarter. Rubellite Energy had a return on equity of 7.79% and a net margin of 11.09%.The firm had revenue of C$95.38 million during the quarter.

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.