Free Trial

Journey Energy (TSE:JOY) Shares Cross Below 50 Day Moving Average - What's Next?

Journey Energy logo with Energy background

Journey Energy Inc. (TSE:JOY - Get Free Report)'s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$2.49 and traded as low as C$2.33. Journey Energy shares last traded at C$2.43, with a volume of 29,851 shares traded.

Analysts Set New Price Targets

Separately, Ventum Cap Mkts raised shares of Journey Energy to a "strong-buy" rating in a report on Tuesday, August 6th.

Get Our Latest Stock Analysis on Journey Energy

Journey Energy Stock Performance

The company has a market capitalization of C$148.47 million, a price-to-earnings ratio of 13.44, a price-to-earnings-growth ratio of 0.01 and a beta of 3.41. The company has a debt-to-equity ratio of 20.04, a quick ratio of 0.95 and a current ratio of 0.68. The company's fifty day simple moving average is C$2.48 and its two-hundred day simple moving average is C$2.99.

Journey Energy (TSE:JOY - Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The company reported C($0.04) earnings per share for the quarter. The company had revenue of C$50.53 million for the quarter. Journey Energy had a return on equity of 3.85% and a net margin of 6.72%. Equities research analysts predict that Journey Energy Inc. will post 0.2601215 earnings per share for the current fiscal year.

About Journey Energy

(Get Free Report)

Journey Energy Inc is involved in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada. The company was formerly known as Sword Energy Inc and changed its name to Journey Energy Inc in July 2012. Journey Energy Inc was founded in 2007 and is headquartered in Calgary, Canada.

Featured Stories

Should you invest $1,000 in Journey Energy right now?

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

12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

McDonald's Stock on the Verge of a Major Growth Comeback

McDonald's Stock on the Verge of a Major Growth Comeback

Our analysts dive into why McDonald's is a top pick to hold right now, despite recent earnings challenges, and why it could be on the path to a new all-time high.

Related Videos

Top Stocks to Buy, Sell, and Hold Right Now

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines