Jericho Oil Ownership

Jericho Oil Corp has a total of 259.28 Million outstanding shares. Jericho Oil secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it. Some institutional investors establish a significant position in stocks such as Jericho Oil in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Jericho Oil, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits. Dividend Paid And Capex Coverage Ratio is likely to climb to 11.26 in 2024, whereas Dividend Yield is likely to drop 0.000026 in 2024. Common Stock Shares Outstanding is likely to drop to about 183.1 M in 2024. Net Loss is likely to drop to about (6 M) in 2024. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jericho Oil Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.