Journey Energy (TSE:JOY) Hits New 12-Month Low - Here's What Happened

Journey Energy Inc. (TSE:JOY - Get Free Report)'s stock price hit a new 52-week low during trading on Monday . The stock traded as low as C$1.36 and last traded at C$1.46, with a volume of 148006 shares changing hands. The stock had previously closed at C$1.52.

Journey Energy Stock Performance

The company has a debt-to-equity ratio of 19.07, a quick ratio of 0.95 and a current ratio of 0.65. The company has a market cap of C$89.01 million, a P/E ratio of 16.41, a P/E/G ratio of 0.01 and a beta of 3.41. The stock's fifty day moving average price is C$1.68 and its two-hundred day moving average price is C$2.00.

Insider Buying and Selling at Journey Energy

In other Journey Energy news, Director Alexander G. Verge acquired 100,000 shares of Journey Energy stock in a transaction that occurred on Tuesday, April 8th. The shares were acquired at an average cost of C$1.41 per share, with a total value of C$141,000.00. Insiders bought a total of 210,000 shares of company stock worth $327,500 over the last three months. Corporate insiders own 7.64% of the company's stock.

Journey Energy Company Profile

Journey Energy Inc is engaged in the exploration, development, and production of crude oil and natural gas in Alberta province. The company's principal revenue source is from petroleum and natural gas sales which include the sale of crude oil, natural gas and natural gas liquids, of which it derives key revenue from the sale of crude oil.