Jadestone Energy (LON:JSE) Sets New 12-Month High – Should You Buy?

Jadestone Energy plc (LON:JSE – Get Free Report) reached a new 52-week high during trading on Monday. The stock traded as high as GBX 45 and last traded at GBX 43.25, with a volume of 2,504,309 shares traded. The stock had previously closed at GBX 44.30.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 71 target price on shares of Jadestone Energy in a research note on Thursday, August 27th. Two equities research analysts have rated the stock with a Buy rating. According to MarketBeat, Jadestone Energy currently has an average rating of “Buy” and an average price target of GBX 70.50.

View Our Latest Analysis on JSE

Jadestone Energy Price Performance

The firm has a market cap of £235.69 million, a PE ratio of -1.54 and a beta of 0.13. The company has a quick ratio of 2.08, a current ratio of 2.27 and a debt-to-equity ratio of -276.87. The stock has a 50 day moving average price of GBX 36.67 and a two-hundred day moving average price of GBX 32.22.

About Jadestone Energy

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Jadestone Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jadestone Energy and related companies with MarketBeat.com's FREE daily email newsletter.