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

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

Journey Energy Stock Performance

TSE JOY opened at C$2.07 on Wednesday. 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 stock’s fifty day moving average is C$2.37 and its two-hundred day moving average is C$2.84. The firm has a market capitalization of C$126.99 million, a P/E ratio of 11.50, a price-to-earnings-growth ratio of 0.01 and a beta of 3.41. Journey Energy Inc. has a fifty-two week low of C$2.01 and a fifty-two week high of C$4.64.

Wall Street Analysts Forecast Growth

Separately, Ventum Cap Mkts raised shares of 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.