Journey Energy Inc. (TSE:JOY) Director Reginald Stevenson Smith Acquires 40,000 Shares

Journey Energy Inc. (TSE:JOY) Director Reginald Stevenson Smith bought 40,000 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were bought at an average price of C$2.06 per share, for a total transaction of C$82,400.00.

Journey Energy Stock Performance

Shares of TSE JOY opened at C$2.00 on Thursday. Journey Energy Inc. has a 12 month low of C$1.94 and a 12 month high of C$4.63. The company has a market cap of C$122.70 million, a P/E ratio of 11.11, a P/E/G ratio of 0.01 and a beta of 3.41. The business’s 50 day moving average is C$2.36 and its two-hundred day moving average is C$2.82. The company has a quick ratio of 0.95, a current ratio of 0.68 and a debt-to-equity ratio of 20.04.

Wall Street Analysts Forecast Growth

Separately, Ventum Cap Mkts raised Journey Energy to a “strong-buy” rating in a research note on Tuesday, August 6th.

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.