Shares of Jones Energy Inc (NYSE:JONE) saw unusually-strong trading volume on Monday . Approximately 1,354,400 shares were traded during trading, an increase of 7,083% from the previous session’s volume of 18,855 shares.The stock last traded at $6.52 and had previously closed at $4.79.

Several equities analysts have recently commented on JONE shares. ValuEngine downgraded shares of Jones Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, May 29th. Seaport Global Securities reaffirmed a “neutral” rating on shares of Jones Energy in a research note on Wednesday, July 25th. Finally, Zacks Investment Research downgraded shares of Jones Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, September 18th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $15.00.

The company has a market capitalization of $24.64 million, a PE ratio of -0.58 and a beta of 2.72. The company has a debt-to-equity ratio of 1.94, a quick ratio of 1.28 and a current ratio of 1.28.

Jones Energy (NYSE:JONE) last released its quarterly earnings results on Monday, August 6th. The oil and gas producer reported ($5.80) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($5.40) by ($0.40). Jones Energy had a negative return on equity of 16.15% and a negative net margin of 38.28%. The company had revenue of $65.26 million during the quarter, compared to the consensus estimate of $56.57 million. equities analysts anticipate that Jones Energy Inc will post -31.49 EPS for the current fiscal year.

In related news, VP Robert J. Brooks sold 285,511 shares of the stock in a transaction dated Wednesday, July 11th. The shares were sold at an average price of $0.38, for a total value of $108,494.18. Following the completion of the transaction, the vice president now directly owns 311,004 shares of the company’s stock, valued at $118,181.52. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 32.10% of the stock is owned by corporate insiders.

A number of hedge funds have recently added to or reduced their stakes in JONE. Wolverine Asset Management LLC raised its stake in Jones Energy by 249,244.4% in the second quarter. Wolverine Asset Management LLC now owns 775,461 shares of the oil and gas producer’s stock worth $288,000 after buying an additional 775,150 shares in the last quarter. Marathon Asset Management LP bought a new position in Jones Energy in the first quarter worth about $1,430,000. Finally, Q Global Advisors LLC raised its stake in Jones Energy by 3.2% in the first quarter. Q Global Advisors LLC now owns 4,845,417 shares of the oil and gas producer’s stock worth $3,876,000 after buying an additional 151,840 shares in the last quarter.

Jones Energy Company Profile (NYSE:JONE)

Jones Energy, Inc, an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the mid-continent United States. It owns leasehold interests in oil and natural gas producing properties, as well as in undeveloped acreage located in the Anadarko Basin in Oklahoma and Texas.

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