Insider Selling: Rubellite Energy (TSE:RBY) Insider Sells C$42,680.00 in Stock

Rubellite Energy Inc. (TSE:RBY) insider Jeff Green sold 9,700 shares of Rubellite Energy stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of C$4.40, for a total transaction of C$42,680.00. Following the completion of the sale, the insider directly owned 179,166 shares in the company, valued at approximately C$788,330.40. The trade was a 5.14% decrease in their position.

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

• On Thursday, September 10th, Jeff Green sold 73,664 shares of Rubellite Energy stock. The stock was sold at an average price of C$4.40, for a total transaction of C$324,121.60.

Rubellite Energy Trading Up 1.6%

Shares of Rubellite Energy stock opened at C$4.47 on Friday. The firm 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 52-week low of C$2.13 and a 52-week high of C$4.83. The company’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.

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

Rubellite Energy Company Profile

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.