Jadestone Energy’s (JSE) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Jadestone Energy (LON:JSE) in a report released on Tuesday, MarketBeat.com reports. The brokerage currently has a GBX 68 price target on the stock.

Jadestone Energy Stock Up 0.6%

Shares of LON:JSE opened at GBX 23.45 on Tuesday. The firm has a market capitalization of £127.14 million, a PE ratio of 5.86 and a beta of 1.43. The business has a 50 day simple moving average of GBX 23.61 and a two-hundred day simple moving average of GBX 22.11. 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.

About Jadestone Energy

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.