Ryan Shay Sells 33,528 Shares of Rubellite Energy (TSE:RBY) Stock

Rubellite Energy Inc. (TSE:RBY) Director Ryan Shay sold 33,528 shares of Rubellite Energy stock in a transaction dated Thursday, March 26th. The stock was sold at an average price of C$3.25, for a total transaction of C$108,966.00. Following the sale, the director directly owned 525,660 shares of the company’s stock, valued at C$1,708,395. The trade was a 6.00% decrease in their position.

Rubellite Energy Stock Down 2.7%

Shares of RBY opened at C$3.54 on Wednesday. The firm has a market cap of C$331.32 million, a P/E ratio of 10.41 and a beta of 0.09. The company has a debt-to-equity ratio of 33.87, a quick ratio of 1.21 and a current ratio of 0.50. Rubellite Energy Inc. has a 52 week low of C$1.59 and a 52 week high of C$3.70. The firm’s 50-day simple moving average is C$2.85 and its 200 day simple moving average is C$2.52.

About Rubellite Energy

Rubellite Energy Inc is a Canadian energy company. It is focused on Clearwater oil exploration and development utilizing multi-lateral horizontal drilling technology. The Clearwater is a high rate of return play with compelling economics at current forward market prices for Western Canadian Select crude oil.