Jones Energy Inc. Class A (JONE) Soars 33.78% on January 02

Jones Energy Inc. Class A (JONE) Soars 33.78% on January 02

Jones Energy Inc. Class A (JONE) had a good day on the market for Wednesday January 02 as shares jumped 33.78% to close at $0.46. About 62,592 shares traded hands on 43 trades for the day, compared with an average daily volume of 328,176 shares out of a total float of 5.14 million. After opening the trading day at $0.34, shares of Jones Energy Inc. Class A stayed within a range of $0.46 to $0.34.

With today’s gains, Jones Energy Inc. Class A now has a market cap of $2.34 million. Shares of Jones Energy Inc. Class A have been trading within a range of $29.00 and $0.28 over the last year, and it had a 50-day SMA of $1.92 and a 200-day SMA of $7.72.

Jones Energy Inc is an oil and natural gas exploration, development and production company. It conducts its operations in the Anadarko basin. The company specializes in drillings horizontal well and has drilled over 930 total wells as operator, including nearly 760 horizontal wells since its formation. The firm recognizes its revenues from the sale of crude oil, natural gas, and natural gas liquids.

Jones Energy Inc. Class A is based out of Austin, TX and has some 94 employees. Its CEO is Carl F. Giesler.

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