Jersey Oil and Gas (LON:JOG) Share Price Passes Below Fifty Day Moving Average of $139.76

Jersey Oil and Gas Plc (LON:JOG) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 139.76 ($1.77) and traded as low as GBX 95 ($1.21). Jersey Oil and Gas shares last traded at GBX 99 ($1.26), with a volume of 103,189 shares traded.

Jersey Oil and Gas Stock Performance

The company has a market capitalization of £33.00 million, a price-to-earnings ratio of -610.59 and a beta of 0.62. The stock has a 50 day simple moving average of GBX 138.74 and a 200 day simple moving average of GBX 165.46. The company has a quick ratio of 18.80, a current ratio of 13.77 and a debt-to-equity ratio of 0.47.

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.