(JEV) Jericho Oil - Ratings and Ratios

Jericho Energy Ventures Inc. (JEV) is a Canada-based energy company focused on the acquisition, exploration, development, and production of crude oil and natural gas in the United States. The company also invests in emerging energy technologies, including hydrogen production, energy storage systems, carbon capture solutions, and next-generation energy infrastructure. Formerly known as Jericho Oil Corporation, the company rebranded as Jericho Energy Ventures Inc. in March 2021 to reflect its expanded focus on clean energy and innovative technologies. Incorporated in 2010, JEV is headquartered in Vancouver, Canada, and operates with a strategic emphasis on balancing traditional hydrocarbon production with sustainable energy initiatives. Web URL: https://jerichoenergyventures.com

Based on the provided and , here is a 3-month forecast for Jericho Energy Ventures Inc. (JEV):

3-Month Forecast: JEVs stock price is expected to remain range-bound between CAD 0.10 and CAD 0.15, influenced by the convergence of its 20-day, 50-day, and 200-day Simple Moving Averages (SMA) at CAD 0.14-0.15. The low Average True Range (ATR) of 0.01 indicates minimal price volatility, suggesting a stable trading environment. However, the negative Return on Equity (RoE) of -65.90% and a high Price-to-Sales (P/S) ratio of 485.84 signal potential financial headwinds, which could limit upside momentum. The companys transition to hydrogen and clean energy technologies may offset some risks, but near-term price action is likely to remain muted.