Jersey Oil and Gas Plc (LON:JOG – Get Free Report) shares rose 10.9% during mid-day trading on Wednesday . The stock traded as high as GBX 57.45 ($0.75) and last traded at GBX 56 ($0.73). Approximately 179,871 shares were traded during trading, an increase of 44% from the average daily volume of 124,696 shares. The stock had previously closed at GBX 50.50 ($0.65).
Jersey Oil and Gas Price Performance
The company’s 50-day moving average price is GBX 62.73 and its 200-day moving average price is GBX 98.65. The company has a quick ratio of 18.80, a current ratio of 69.26 and a debt-to-equity ratio of 0.40. The firm has a market cap of £22.87 million, a price-to-earnings ratio of -450.00 and a beta of 0.96.
About Jersey Oil and Gas
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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