Journey Energy Inc. (TSE:JOY - Get Free Report)'s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$2.05 and traded as high as C$2.08. Journey Energy shares last traded at C$2.05, with a volume of 238,301 shares traded.
Journey Energy Stock Performance
The company has a quick ratio of 0.95, a current ratio of 0.68 and a debt-to-equity ratio of 20.04. The firm has a fifty day moving average of C$2.04 and a 200-day moving average of C$2.45. The stock has a market capitalization of C$131.29 million, a price-to-earnings ratio of 11.89, a PEG ratio of 0.01 and a beta of 3.41.
Insider Buying and Selling at Journey Energy
In related news, Director Alexander G. Verge bought 31,800 shares of the stock in a transaction that occurred on Wednesday, November 20th. The stock was purchased at an average cost of C$2.08 per share, for a total transaction of C$66,144.00. Also, Director Reginald Stevenson Smith purchased 40,000 shares of the business's stock in a transaction on Tuesday, November 12th. The shares were bought at an average cost of C$2.06 per share, for a total transaction of C$82,400.00. In the last ninety days, insiders have bought 79,800 shares of company stock worth $164,304. Corporate insiders own 7.64% of the company's stock.
About Journey Energy
(
Get Free Report)
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.
See Also
Before you consider Journey Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Journey Energy wasn't on the list.
While Journey Energy currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
