Key Points
- Insider Jeff Green sold 73,664 Rubellite Energy shares at C$4.40 each for total proceeds of C$324,121.60, reducing his direct ownership by 41.11% to 105,502 shares.
- Green also sold 9,700 shares the previous day for C$42,680, indicating additional insider selling activity.
- Rubellite Energy shares opened at C$4.47, near their 52-week high of C$4.83; the company recently reported quarterly EPS of C$0.35 and revenue of C$95.38 million.
Rubellite Energy Inc. (TSE:RBY - Get Free Report) insider Jeff Green sold 73,664 shares of the firm's stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of C$4.40, for a total transaction of C$324,121.60. Following the completion of the sale, the insider directly owned 105,502 shares of the company's stock, valued at approximately C$464,208.80. This represents a 41.11% decrease in their ownership of the stock.
Jeff Green also recently made the following trade(s):
- On Wednesday, September 9th, Jeff Green sold 9,700 shares of Rubellite Energy stock. The shares were sold at an average price of C$4.40, for a total transaction of C$42,680.00.
Rubellite Energy Price Performance
Shares of TSE RBY opened at C$4.47 on Friday. Rubellite Energy Inc. has a 1 year low of C$2.13 and a 1 year high of C$4.83. The stock has a market capitalization of C$419.92 million, a P/E ratio of 16.56 and a beta of -0.97. The company's 50-day moving average is C$4.24 and its 200 day moving average is C$3.60. The company has a debt-to-equity ratio of 33.54, a current ratio of 0.43 and a quick ratio of 1.21.
Rubellite Energy (TSE:RBY - Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The company reported C$0.35 EPS for the quarter. The business had revenue of C$95.38 million during the quarter. Rubellite Energy had a net margin of 11.09% and a return on equity of 7.79%.
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.
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