Jersey Oil and Gas (LON:JOG) Shares Pass Below Fifty Day Moving Average of $161.49

Jersey Oil and Gas Plc (LON:JOG) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 161.49 ($1.99) and traded as low as GBX 150 ($1.85). Jersey Oil and Gas shares last traded at GBX 151 ($1.87), with a volume of 103,692 shares trading hands.

Jersey Oil and Gas Stock Down 1.6 %

The company has a quick ratio of 18.80, a current ratio of 6.77 and a debt-to-equity ratio of 0.54. The firm has a market cap of £49.33 million, a price-to-earnings ratio of -1,006.67 and a beta of 0.55. The stock’s 50 day moving average is GBX 161.49 and its 200 day moving average is GBX 186.91.

Insider Activity at Jersey Oil and Gas

In other news, insider Les Thomas bought 10,000 shares of the firm’s stock in a transaction on Tuesday, January 30th. The shares were bought at an average cost of GBX 180 ($2.22) per share, for a total transaction of £18,000 ($22,233.20). Company insiders own 52.96% of the company’s stock.

Jersey Oil and Gas Company Profile

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.