Insider Selling: Jadestone Energy plc (LON:JSE) Insider Sells £83,986.21 in Stock

Jadestone Energy plc (LON:JSEGet Rating) insider David Loren Neuhauser sold 109,073 shares of Jadestone Energy stock in a transaction that occurred on Friday, November 18th. The shares were sold at an average price of GBX 77 ($0.91), for a total transaction of £83,986.21 ($99,309.70).

David Loren Neuhauser also recently made the following trade(s):

  • On Wednesday, November 23rd, David Loren Neuhauser sold 250,000 shares of Jadestone Energy stock. The shares were sold at an average price of GBX 72 ($0.85), for a total transaction of £180,000 ($212,841.43).
  • On Monday, November 21st, David Loren Neuhauser sold 250,000 shares of Jadestone Energy stock. The shares were sold at an average price of GBX 75 ($0.89), for a total transaction of £187,500 ($221,709.83).

Jadestone Energy Stock Performance

LON:JSE opened at GBX 70.50 ($0.83) on Friday. The company has a fifty day simple moving average of GBX 72.73 and a two-hundred day simple moving average of GBX 85.43. The company has a market cap of £320.24 million and a price-to-earnings ratio of 1,410.00. The company has a quick ratio of 2.08, a current ratio of 2.82 and a debt-to-equity ratio of 5.78. Jadestone Energy plc has a 52 week low of GBX 5 ($0.06) and a 52 week high of GBX 110 ($1.30).

Jadestone Energy Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, October 14th. Shareholders of record on Thursday, September 29th were paid a $0.01 dividend. The ex-dividend date of this dividend was Thursday, September 29th. This represents a dividend yield of 0.77%. Jadestone Energy’s dividend payout ratio (DPR) is 37.50%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank dropped their target price on shares of Jadestone Energy from GBX 125 ($1.48) to GBX 105 ($1.24) and set a “buy” rating for the company in a report on Thursday, November 17th.

Jadestone Energy Company Profile

(Get Rating)

Jadestone Energy plc operates as an independent oil and gas development and production company in the Asia Pacific region. The company holds 100% operated working interests in the Stag oilfield and Montara project located in offshore Western Australia; and two gas development blocks in Malay Basin, Southwest Vietnam.

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