Journey Energy Inc. (TSE:JOY - Get Free Report) shot up 2.4% on Wednesday . The company traded as high as C$2.14 and last traded at C$2.14. 43,665 shares traded hands during mid-day trading, a decline of 57% from the average session volume of 101,031 shares. The stock had previously closed at C$2.09.
Journey Energy Trading Down 6.1 %
The company has a fifty day moving average price of C$2.23 and a 200-day moving average price of C$2.61. The firm has a market capitalization of C$123.31 million, a price-to-earnings ratio of 11.17, a price-to-earnings-growth ratio of 0.01 and a beta of 3.41. The company has a current ratio of 0.68, a quick ratio of 0.95 and a debt-to-equity ratio of 20.04.
Insider Activity
In other news, Director Alexander G. Verge bought 31,800 shares of Journey Energy stock in a transaction dated Wednesday, November 20th. The shares were bought at an average price 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 that occurred on Tuesday, November 12th. The stock was acquired at an average cost of C$2.06 per share, with a total value of C$82,400.00. Insiders have bought a total of 79,800 shares of company stock valued at $164,304 over the last 90 days. 7.64% of the stock is currently owned by company insiders.
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
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
