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Journey Energy (TSE:JOY) Shares Cross Above Fifty Day Moving Average - Should You Sell?

Journey Energy logo with Energy background

Journey Energy Inc. (TSE:JOY - Get Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$2.01 and traded as high as C$2.02. Journey Energy shares last traded at C$2.00, with a volume of 56,325 shares traded.

Journey Energy Stock Performance

The company has a current ratio of 0.65, a quick ratio of 0.95 and a debt-to-equity ratio of 19.07. The firm's 50-day moving average is C$2.01 and its two-hundred day moving average is C$2.23. The stock has a market cap of C$123.55 million, a price-to-earnings ratio of 22.78, a P/E/G ratio of 0.01 and a beta of 3.41.

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.

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