Jersey Oil and Gas (LON:JOG) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Jersey Oil and Gas Plc (LON:JOGGet Free Report)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 60.98 ($0.79) and traded as high as GBX 67 ($0.87). Jersey Oil and Gas shares last traded at GBX 66.50 ($0.87), with a volume of 27,375 shares changing hands.

Jersey Oil and Gas Stock Performance

The company has a debt-to-equity ratio of 0.40, a quick ratio of 18.80 and a current ratio of 69.26. The business’s fifty day moving average price is GBX 60.98 and its 200-day moving average price is GBX 94.87. The stock has a market cap of £21.73 million, a PE ratio of -415.63 and a beta of 0.96.

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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