JOY (TSE:JOY) Shares Cross Above 50-Day Moving Average - Time to Sell?

Key Points

• JOY Co., Ltd. shares crossed above their fifty day moving average, indicating potential volatility; the stock traded at a high of C$3.12 with a current average of C$2.52.
• The company has a market cap of C$209.37 million and operates with a P/E ratio of 12.48 and a debt-to-equity ratio of 19.07.
• Insider activity includes a purchase by Director Alexander G. Verge of 84,500 shares at C$2.04 each, suggesting confidence in the company's future performance.

JOY Co., Ltd. (TSE:JOY - )'s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$2.52 and traded as high as C$3.12. JOY shares last traded at C$3.12, with a volume of 75,061 shares traded.

JOY Stock Performance

The company has a current ratio of 0.65, a quick ratio of 0.95 and a debt-to-equity ratio of 19.07. The firm's fifty day moving average price is C$2.52 and its 200-day moving average price is C$1.95. The company has a market cap of C$209.37 million, a P/E ratio of 12.48, a P/E/G ratio of 0.01 and a beta of 1.10.

Insider Buying and Selling at JOY

In related news, Director Alexander G. Verge bought 84,500 shares of JOY stock in a transaction that occurred on Thursday, July 3rd. The stock was acquired at an average price of C$2.04 per share, for a total transaction of C$172,380.00. Insiders own 7.64% of the company's stock.

JOY 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.

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.