JOY (TSE:JOY) Shares Down 8.9% - What's Next?

Key Points

• Shares fell 8.9% intraday to C$6.03 (low C$5.90) from a prior close of C$6.62, with 275,614 shares traded—about 1% above average volume.
• Insiders sold 92,081 shares worth roughly $509,417 last quarter (notable sales by Guido De Ciancio and Richard Tracy), leaving insiders with 7.64% ownership.
• Latest quarter showed C$0.14 EPS on C$41.84M revenue, a market cap of C$447.4M and a P/E of 17.45, while liquidity is tight (current ratio 0.65, quick ratio 0.95) and the stock trades above its 50‑day (C$5.04) and 200‑day (C$4.09) moving averages.

JOY Co., Ltd. (TSE:JOY - Get Free Report) shares fell 8.9% during mid-day trading on Thursday . The stock traded as low as C$5.90 and last traded at C$6.03. 275,614 shares traded hands during trading, an increase of 1% from the average session volume of 273,831 shares. The stock had previously closed at C$6.62.

JOY Stock Up 0.2%

The company has a debt-to-equity ratio of 14.32, a current ratio of 0.65 and a quick ratio of 0.95. The firm has a market cap of C$447.40 million, a price-to-earnings ratio of 17.45, a price-to-earnings-growth ratio of 0.01 and a beta of 0.84. The firm has a 50 day moving average price of C$5.04 and a 200-day moving average price of C$4.09.

JOY (TSE:JOY - Get Free Report) last released its quarterly earnings data on Wednesday, March 11th. The company reported C$0.14 EPS for the quarter. The business had revenue of C$41.84 million during the quarter. JOY had a return on equity of 7.54% and a net margin of 13.26%. As a group, equities analysts predict that JOY Co., Ltd. will post 0.2601215 EPS for the current fiscal year.

Insider Activity at JOY

In related news, insider Guido De Ciancio sold 10,000 shares of the company's stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of C$5.49, for a total value of C$54,900.00. Following the completion of the sale, the insider owned 143,874 shares in the company, valued at approximately C$789,868.26. This represents a 6.50% decrease in their ownership of the stock. Also, insider Richard Tracy sold 31,000 shares of the company's stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of C$5.43, for a total value of C$168,330.00. Following the completion of the sale, the insider owned 113,347 shares of the company's stock, valued at C$615,474.21. This represents a 21.48% decrease in their position. Over the last quarter, insiders sold 92,081 shares of company stock worth $509,417. 7.64% of the stock is owned by insiders.

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.

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