Jadestone Energy (LON:JSE) Given “Buy” Rating at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Jadestone Energy (LON:JSE) in a research note published on Tuesday morning, Marketbeat.com reports. Berenberg Bank currently has a GBX 68 price objective on the stock.

Jadestone Energy Trading Down 7.5%

Shares of Jadestone Energy stock opened at GBX 23.50 on Tuesday. Jadestone Energy has a 1 year low of GBX 17 and a 1 year high of GBX 33. The company has a debt-to-equity ratio of 348.59, a current ratio of 1.14 and a quick ratio of 2.08. The business has a 50 day moving average price of GBX 23.64 and a 200 day moving average price of GBX 22.09. The company has a market capitalization of £127.41 million, a P/E ratio of 5.88 and a beta of 1.43.

Jadestone Energy Company Profile

Jadestone Energy is a leading upstream oil and gas company in the Asia Pacific region, with a focus on production and near-term development assets.