Key Points
- Insider Jeff Green sold 9,700 Rubellite Energy shares at an average price of C$4.40, generating C$42,680. Following the sale, Green retained 179,166 shares, a 5.14% reduction in his position.
- Rubellite Energy shares opened at C$4.40, with a 52-week range of C$2.13 to C$4.83 and a market capitalization of approximately C$413.34 million.
- The company recently reported quarterly earnings of C$0.35 per share on revenue of C$95.38 million, with an 11.09% net margin and 7.79% return on equity.
Rubellite Energy Inc. (TSE:RBY - Get Free Report) insider Jeff Green sold 9,700 shares of the firm's stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of C$4.40, for a total value of C$42,680.00. Following the sale, the insider owned 179,166 shares in the company, valued at C$788,330.40. The trade was a 5.14% decrease in their position.
Rubellite Energy Price Performance
Shares of RBY opened at C$4.40 on Friday. Rubellite Energy Inc. has a 1 year low of C$2.13 and a 1 year high of C$4.83. The company has a debt-to-equity ratio of 33.54, a current ratio of 0.43 and a quick ratio of 1.21. The stock has a 50 day simple moving average of C$4.22 and a two-hundred day simple moving average of C$3.60. The firm has a market cap of C$413.34 million, a P/E ratio of 16.30 and a beta of -0.97.
Rubellite Energy (TSE:RBY - Get Free Report) last posted its quarterly earnings results on Monday, August 10th. The company reported C$0.35 earnings per share for the quarter. Rubellite Energy had a net margin of 11.09% and a return on equity of 7.79%. The business had revenue of C$95.38 million during the quarter.
About Rubellite Energy
(
Get Free Report)
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.
Further Reading
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