JOY (TSE:JOY) Stock Price Passes Above 50-Day Moving Average - Here's What Happened

Key Points

• JOY Co., Ltd. (TSE:JOY) saw its stock price breach its 50-day moving average, reaching a high of C$3.22 during trading, with a last traded price of C$3.18.
• The company has a market capitalization of C$213.40 million and reports a PE ratio of 12.72 and a P/E/G ratio of 0.01.
• JOY is involved in exploration, development, and production of crude oil and natural gas, primarily deriving revenue from petroleum and natural gas sales.

JOY Co., Ltd. (TSE:JOY - )'s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$2.97 and traded as high as C$3.22. JOY shares last traded at C$3.18, with a volume of 176,881 shares traded.

JOY Trading Up 1.6%

The stock has a market cap of C$213.40 million, a PE ratio of 12.72, a P/E/G ratio of 0.01 and a beta of 0.99. The firm has a 50-day simple moving average of C$2.97 and a 200-day simple moving average of C$2.22. The company has a quick ratio of 0.95, a current ratio of 0.65 and a debt-to-equity ratio of 19.07.

About JOY

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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