Jersey Oil and Gas (LON:JOG) Reaches New 1-Year Low – Here’s Why

Jersey Oil and Gas Plc (LON:JOGGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 46.20 ($0.58) and last traded at GBX 48.50 ($0.61), with a volume of 119549 shares changing hands. The stock had previously closed at GBX 51 ($0.64).

Jersey Oil and Gas Stock Performance

The company has a current ratio of 69.26, a quick ratio of 18.80 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of £15.81 million, a PE ratio of -293.75 and a beta of 0.96. The firm’s fifty day moving average price is GBX 59.70 and its 200 day moving average price is GBX 76.78.

About Jersey Oil and Gas

(Get Free Report)

Jersey Oil and Gas Plc engages in the acquisition, exploration, appraisal, development, and production of oil and gas properties in the North Sea of the United Kingdom. The company holds a 100% interest in the Buchan and J2 project, which include P2498 Blocks 20/5A, 20/5E, and 21/1A licenses; and a 100% working interest in the Verbier project covering P2170 Blocks 20/5B and 21/1D licenses.

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