Insider Buying: Journey Energy Inc. (TSE:JOY) Director Purchases 75,000 Shares of Stock

Journey Energy Inc. (TSE:JOY - Get Free Report) Director Alexander G. Verge purchased 75,000 shares of the firm's stock in a transaction that occurred on Wednesday, April 16th. The stock was purchased at an average price of C$1.38 per share, with a total value of C$103,500.00.

Alexander G. Verge also recently made the following trade(s):

• On Tuesday, April 8th, Alexander G. Verge purchased 100,000 shares of Journey Energy stock. The stock was acquired at an average price of C$1.41 per share, for a total transaction of C$141,000.00.
• On Thursday, April 3rd, Alexander G. Verge acquired 90,000 shares of Journey Energy stock. The shares were acquired at an average cost of C$1.68 per share, with a total value of C$151,200.00.

Journey Energy Stock Down 4.1 %

JOY traded down C$0.06 on Monday, reaching C$1.41. The company's stock had a trading volume of 61,534 shares, compared to its average volume of 81,317. The company has a quick ratio of 0.95, a current ratio of 0.65 and a debt-to-equity ratio of 19.07. Journey Energy Inc. has a fifty-two week low of C$1.26 and a fifty-two week high of C$3.94. The stock has a 50 day moving average of C$1.63 and a two-hundred day moving average of C$1.96. The company has a market capitalization of C$93.66 million, a price-to-earnings ratio of 17.27, a P/E/G ratio of 0.01 and a beta of 3.41.

About Journey Energy

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.