Key Points
- Insider Jeff Green sold 46,636 Rubellite Energy shares at an average C$4.40 each, generating proceeds of C$205,198.40 and reducing his position by 44.2% to 58,866 shares.
- Green also sold 83,364 shares in two transactions during the prior two days, bringing his recent sales to 130,000 shares worth approximately C$572,000.
- Rubellite shares opened at C$4.43 and were down 0.9%; 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 46,636 shares of the stock in a transaction on Friday, September 11th. The shares were sold at an average price of C$4.40, for a total value of C$205,198.40. Following the sale, the insider owned 58,866 shares of the company's stock, valued at approximately C$259,010.40. This represents a 44.20% decrease in their position.
Jeff Green also recently made the following trade(s):
- On Thursday, September 10th, Jeff Green sold 73,664 shares of Rubellite Energy stock. The stock was sold at an average price of C$4.40, for a total value of C$324,121.60.
- On Wednesday, September 9th, Jeff Green sold 9,700 shares of Rubellite Energy stock. The stock was sold at an average price of C$4.40, for a total value of C$42,680.00.
Rubellite Energy Trading Down 0.9%
Shares of TSE:RBY opened at C$4.43 on Tuesday. The business's 50-day moving average is C$4.27 and its 200 day moving average is C$3.62. Rubellite Energy Inc. has a 1 year low of C$2.14 and a 1 year high of C$4.83. The firm has a market capitalization of C$416.16 million, a P/E ratio of 16.41 and a beta of -0.97. 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 announced its quarterly earnings data on Monday, August 10th. The company reported C$0.35 EPS for the quarter. The firm 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%.
Rubellite Energy Company Profile
(
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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