Journey Energy Inc. (TSE:JOY - Get Free Report)'s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$2.30 and traded as low as C$2.00. Journey Energy shares last traded at C$2.00, with a volume of 6,679 shares trading hands.
Journey Energy Stock Performance
The company has a debt-to-equity ratio of 20.04, a current ratio of 0.68 and a quick ratio of 0.95. The stock has a fifty day simple moving average of C$2.04 and a two-hundred day simple moving average of C$2.29. The firm has a market capitalization of C$117.79 million, a P/E ratio of 10.67, a P/E/G ratio of 0.01 and a beta of 3.41.
Journey Energy (TSE:JOY - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported C$0.01 earnings per share for the quarter, missing the consensus estimate of C$0.02 by C($0.01). Journey Energy had a net margin of 6.72% and a return on equity of 3.85%. On average, research analysts predict that Journey Energy Inc. will post 0.2601215 EPS for the current year.
Insider Activity
In other Journey Energy news, Director Reginald Stevenson Smith acquired 40,000 shares of Journey Energy stock in a transaction dated Tuesday, November 12th. The stock was purchased at an average cost of C$2.06 per share, for a total transaction of C$82,400.00. Also, Director Alexander G. Verge purchased 31,800 shares of the firm's stock in a transaction that occurred on Wednesday, November 20th. The shares were bought at an average price of C$2.08 per share, with a total value of C$66,144.00. Over the last 90 days, insiders have purchased 79,800 shares of company stock worth $164,304. Company insiders own 7.64% of the company's stock.
About Journey Energy
(
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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.
Further Reading
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