Journey Energy Inc. (TSE:JOY) Senior Officer Acquires C$12,500.00 in Stock

Journey Energy Inc. (TSE:JOY) Senior Officer Aaron P. Bell bought 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 28th. The shares were purchased at an average price of C$2.50 per share, with a total value of C$12,500.00.

Journey Energy Trading Down 1.2 %

JOY stock opened at C$2.48 on Friday. The business has a fifty day moving average of C$2.83 and a 200-day moving average of C$3.25. The company has a market cap of C$152.15 million, a P/E ratio of 13.78, a PEG ratio of 0.01 and a beta of 3.44. Journey Energy Inc. has a twelve month low of C$2.32 and a twelve month high of C$5.88. The company has a quick ratio of 0.95, a current ratio of 0.68 and a debt-to-equity ratio of 20.04.

Journey Energy (TSE:JOY) last announced its quarterly earnings data on Thursday, August 8th. The company reported C($0.04) earnings per share for the quarter. The firm 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%. As a group, equities research analysts expect that Journey Energy Inc. will post 0.1199052 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on JOY shares. Ventum Cap Mkts raised shares of Journey Energy to a “strong-buy” rating in a report on Tuesday, August 6th. Cormark increased their target price on Journey Energy from C$6.00 to C$6.50 in a report on Thursday, May 9th.

Journey Energy Company Profile

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.