Shares of Journey Energy Inc. (TSE:JOY - Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$1.52 and traded as high as C$1.85. Journey Energy shares last traded at C$1.85, with a volume of 103,713 shares.
Journey Energy Trading Up 2.8%
The stock has a market cap of C$122.89 million, a PE ratio of 22.66, a P/E/G ratio of 0.01 and a beta of 3.41. The business's fifty day moving average is C$1.52 and its 200 day moving average is C$1.78. The company has a quick ratio of 0.95, a current ratio of 0.65 and a debt-to-equity ratio of 19.07.
Insider Buying and Selling at Journey Energy
In other news, Director Alexander G. Verge acquired 100,000 shares of the business's stock in a transaction dated Tuesday, April 8th. The stock was acquired at an average price of C$1.41 per share, with a total value of C$141,000.00. Insiders have acquired 308,000 shares of company stock valued at $464,550 over the last quarter. Corporate insiders own 7.64% of the company's stock.
About Journey Energy
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Journey Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Journey Energy wasn't on the list.
While Journey Energy currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.