JOY (TSE:JOY) Share Price Passes Above 50 Day Moving Average - What's Next?

JOY Co., Ltd. (TSE:JOY - Get Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$1.85 and traded as high as C$2.28. JOY shares last traded at C$2.24, with a volume of 84,220 shares.

JOY Stock Up 2.3%

The business has a 50 day simple moving average of C$1.85 and a 200-day simple moving average of C$1.79. 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 firm has a market capitalization of C$148.79 million, a price-to-earnings ratio of 27.44, a P/E/G ratio of 0.01 and a beta of 3.41.

Insider Activity

In other JOY news, Director Alexander G. Verge acquired 84,500 shares of the business's stock in a transaction that occurred on Thursday, July 3rd. The stock was purchased at an average cost of C$2.04 per share, with a total value of C$172,380.00. Over the last three months, insiders bought 265,200 shares of company stock worth $459,944. 7.64% of the stock is currently owned by company 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.