JKX Oil & Gas (LON:JKX) Trading Up 2.5% – Time to Buy?

JKX Oil & Gas plc (LON:JKXGet Free Report)’s share price shot up 2.5% during mid-day trading on Friday . The stock traded as high as GBX 41.50 ($0.52) and last traded at GBX 41.50 ($0.52). 546,075 shares were traded during mid-day trading, an increase of 44% from the average session volume of 380,321 shares. The stock had previously closed at GBX 40.50 ($0.51).

JKX Oil & Gas Price Performance

The company has a market cap of £71.27 million and a price-to-earnings ratio of 3.40. The company has a current ratio of 3.21, a quick ratio of 2.62 and a debt-to-equity ratio of 0.30. The business has a 50-day moving average price of GBX 41.50 and a 200 day moving average price of GBX 41.50.

About JKX Oil & Gas

(Get Free Report)

JKX Oil & Gas plc, through its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas reserves. The company holds interests in various properties located in Ukraine, Russia, and Hungary. It has total reserves of approximately 84.4 million barrels of oil equivalent.

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