Alexander G. Verge Purchases 31,800 Shares of Journey Energy Inc. (TSE:JOY) Stock

Journey Energy Inc. (TSE:JOY) Director Alexander G. Verge acquired 31,800 shares of the business’s stock in a transaction that occurred on 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.

Journey Energy Stock Up 7.4 %

Shares of Journey Energy stock opened at C$2.19 on Friday. The stock has a market capitalization of C$134.36 million, a P/E ratio of 12.17, a PEG ratio of 0.01 and a beta of 3.41. The company has a quick ratio of 0.95, a current ratio of 0.68 and a debt-to-equity ratio of 20.04. The stock has a 50 day moving average price of C$2.34 and a two-hundred day moving average price of C$2.77. Journey Energy Inc. has a 12-month low of C$1.94 and a 12-month high of C$4.21.

Wall Street Analysts Forecast Growth

Separately, Ventum Cap Mkts raised Journey Energy to a “strong-buy” rating in a report 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.